Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Somerset at 17 Runyon Ave, Somerset, NJ, 08873 generates $3,502/mo in rent and, after a $2,325/mo payment, leaves $116/mo in cash flow. Total monthly income is $3,502/mo, and annual cash flow is $1,394/yr on $157,463 invested. Return on cash invested sits at 20.79% in year one, and rental yield is 8.85% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 108.85% and total cumulative return in cash sums $171,391. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,502/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
8,550 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08873, Somerset, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,399 (100%) |
| Owner Occupied HU | 14,076 (62.8%) |
| Renter Occupied HU | 7,273 (32.5%) |
| Vacant Housing Units | 1,050 ( 4.7%) |
| Median Home Value | $507,032 |
| Average Home Value | $561,292 |
Residential
22,210
Single Family
20,350
Multi-Family
1,860
Businesses
1,471
Date | Event | Price |
|---|---|---|
| 2025-08-25 | Listed for sale | $475,000 |
| 2008-07-01 | Listing removed | $340,000 |
| 2008-06-11 | Listed for sale | $340,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-27 | $6235.12 | N/A | $356,700 | 5.94% |
| 2023-08-27 | N/A | N/A | $336,700 | 8.02% |
| 2022-08-27 | N/A | N/A | $311,700 | 14.72% |
Listed by: MARK S. HEFLIN • RE/MAX PREFERRED PROFESSIONALS
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2603185R
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC All rights reserved The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.
