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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 Hightstown at 2 Avon Dr E, Hightstown, NJ, 08520 generates $2,779/mo in rent and, after a $1,273/mo payment, leaves $925/mo in cash flow. Total monthly income is $2,779/mo, and annual cash flow is $11,104/yr on $86,190 invested. Return on cash invested sits at 32.79% in year one, and rental yield is 12.83% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 173.19% and total cumulative return in cash sums $149,273. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,779/mo property income rather than buyer’s personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08520, Hightstown, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,591 (100%) |
| Owner Occupied HU | 7,394 (63.8%) |
| Renter Occupied HU | 3,694 (31.9%) |
| Vacant Housing Units | 503 ( 4.3%) |
| Median Home Value | $427,988 |
| Average Home Value | $464,908 |
Residential
10,863
Single Family
10,018
Multi-Family
845
Businesses
786
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: Anthony Ballina • Fathom Realty NJ, LLC
Mls Name: Bright MLS
Mls ID: #NJME2065486
