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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% |
Investment property for sale in Laurence Harbor at 198 Hillcrest Ave, Laurence Harbor, NJ, 08879 earns $373/mo cash flow from $2,786/mo rent with a $1,657/mo payment. Total monthly income totals $2,786/mo, and annual cash flow totals $4,476/yr on $112,213 capital. ROI tracks 23.9% on current figures, and rental yield reads 9.88% at a $338,500 purchase. Equity gained on principal adds $2,184/yr, and 5% annual appreciation supports $93,521 over five years. Five-year ROI reaches 125.51% and total cumulative return in cash sums $140,835. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,786/mo property income instead of your personal income.
Single Family
Built in 1935
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08879, South Amboy, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,470 (100%) |
| Owner Occupied HU | 5,998 (57.3%) |
| Renter Occupied HU | 4,130 (39.4%) |
| Vacant Housing Units | 342 ( 3.3%) |
| Median Home Value | $445,825 |
| Average Home Value | $492,152 |
Residential
9,414
Single Family
8,876
Multi-Family
538
Businesses
518
Date | Event | Price |
|---|---|---|
| 2017-10-26 | Sold | $185,000 |
| 2017-09-28 | Pending sale | $189,000 |
| 2017-08-16 | Price change | $189,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-16 | $4744.74 | 4.30% | $85,800 | N/A |
| 2023-09-16 | $4549.12 | 2.34% | $85,800 | N/A |
| 2022-09-16 | $4445.30 | 1.69% | $85,800 | N/A |
Listed by: MICHELLE WASKO • C21 CHARLES SMITH AGENCY, INC
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2603859R
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