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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Cranford at 18 Colin Kelly St, Cranford, NJ, 07016 priced at $799,000 pairs $4,692/mo rent with after a $3,911/mo payment. Total monthly income equals $4,692/mo. Return on cash invested is 15.48% in year one, and rental yield stands at 7.05% on a $799,000 basis. Equity gained on principal adds $5,156/yr, and 5% annual appreciation accumulates to $220,749 by year five. Five-year ROI measures 80.3% and total cumulative return in cash reaches $211,074. For financing, Ziffy Mortgage’s DSCR program evaluates $4,692/mo property income against a $3,911/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1945
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07016, Cranford, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,435 (100%) |
| Owner Occupied HU | 6,913 (73.3%) |
| Renter Occupied HU | 2,147 (22.8%) |
| Vacant Housing Units | 375 ( 4.0%) |
| Median Home Value | $669,813 |
| Average Home Value | $714,383 |
Residential
9,068
Single Family
7,997
Multi-Family
1,071
Businesses
960
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Eric Kiamie • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3976528
