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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 Raritan at 2 E Somerset St #n/a, Raritan, NJ, 08869 at $1,100,000 posts ROI 3.85% with from $2,934/mo rent. Total monthly income equals $2,934/mo. Return on cash invested measures 3.85% and rental yield reads 3.2% at the current $1,100,000. Equity gained on principal adds $7,098/yr, and 5% annual appreciation supports $303,910 by year five. Five-year ROI prints 17.89% and total cumulative return in cash totals $63,763. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,934/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Apartment
Built in 1940
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08869, Raritan, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,478 (100%) |
| Owner Occupied HU | 1,586 (45.6%) |
| Renter Occupied HU | 1,735 (49.9%) |
| Vacant Housing Units | 157 ( 4.5%) |
| Median Home Value | $474,089 |
| Average Home Value | $515,988 |
Residential
3,447
Single Family
2,820
Multi-Family
627
Businesses
373
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: Patricia Grish-katchen • Re/Max Classic Group
Mls Name: GSMLS
Mls ID: #3997757
