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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 Skillman at 180 Orchard Rd, Skillman, NJ, 08558 priced at $799,000 converts $7,000/mo rent into $1,303/mo cash flow after a $3,911/mo obligation. Total monthly income equals $7,000/mo, and annual cash flow totals $15,631/yr on $262,871 invested. Return on cash invested prints 26.01% in year one, and rental yield reads 10.51% against a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation compiles into $220,749 by year five. Five-year ROI reaches 136.76% and total cumulative return in cash sums $359,490. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,000/mo property income covering a $3,911/mo payment, not borrower’s personal income.
Single Family
Built in 1980
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08558, Skillman, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,093 (100%) |
| Owner Occupied HU | 2,602 (84.1%) |
| Renter Occupied HU | 318 (10.3%) |
| Vacant Housing Units | 173 ( 5.6%) |
| Median Home Value | $892,270 |
| Average Home Value | $953,112 |
Residential
3,001
Single Family
2,835
Multi-Family
166
Businesses
293
Date | Event | Price |
|---|---|---|
| 2024-10-02 | Price change | $799,000 |
| 2024-09-12 | Listed for sale | $899,000 |
| 2022-06-11 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $16642.62 | 7.14% | $486,200 | N/A |
| 2022-10-15 | $15534.09 | N/A | $486,200 | N/A |
| 2021-10-15 | N/A | N/A | $486,200 | N/A |
Listed by: Victoria Holly • Queenston Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3923812
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
