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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 Franklin Park at 19 Lyon Ln, Franklin Park, NJ, 08823 offers $3,000/mo rent that, after a $2,055/mo payment. Total monthly income is $3,000/mo. Return on cash invested measures 17.26% in year one, and rental yield stands at 8.57% at a $419,900 entry. Equity gained on principal adds $2,710/yr while 5% annual appreciation compounds into $116,011 by year five. Five-year ROI records 90.86% and total cumulative return in cash reaches $126,468. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,000/mo property income versus a $2,055/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1986
N/A lot
$N/A/sqft
$315 monthly HOA
Neighborhood data shown for ZIP Code: 08823, Franklin Park, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,871 (100%) |
| Owner Occupied HU | 2,571 (66.4%) |
| Renter Occupied HU | 1,174 (30.3%) |
| Vacant Housing Units | 126 ( 3.3%) |
| Median Home Value | $394,233 |
| Average Home Value | $447,268 |
Residential
3,847
Single Family
3,847
Multi-Family
0
Businesses
167
Date | Event | Price |
|---|---|---|
| 2025-01-10 | Listed for sale | $419,900 |
| 2022-12-19 | Sold | $350,000 |
| 2022-10-27 | Pending sale | $339,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Sandra Chambers • Re/Max Select
Mls Name: GSMLS
Mls Provider:
Mls ID: #3940803
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.
