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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 Flemington at 2 Moore Dr, Flemington, NJ, 08822 priced at $699,000 converts $2,684/mo rent into after a $3,421/mo obligation. Total monthly income equals $2,684/mo. Return on cash invested prints 7.23% in year one, and rental yield reads 4.61% against a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation compiles into $193,121 by year five. Five-year ROI reaches 36.38% and total cumulative return in cash sums $83,654. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,684/mo property income covering a $3,421/mo payment, not borrower’s personal income.
Single Family
Built in 2002
8,712 sqft lot
$N/A/sqft
$160 monthly HOA
Neighborhood data shown for ZIP Code: 08822, Flemington, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,108 (100%) |
| Owner Occupied HU | 9,836 (75.0%) |
| Renter Occupied HU | 2,786 (21.3%) |
| Vacant Housing Units | 486 ( 3.7%) |
| Median Home Value | $566,418 |
| Average Home Value | $589,666 |
Residential
12,747
Single Family
12,470
Multi-Family
277
Businesses
1,692
Date | Event | Price |
|---|---|---|
| 2025-06-02 | Price change | $699,000 |
| 2025-04-28 | Price change | $724,900 |
| 2025-04-11 | Listed for sale | $750,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-03 | $11614.07 | 6.35% | $400,900 | N/A |
| 2023-06-03 | $10920.52 | 3.85% | $400,900 | N/A |
| 2022-06-03 | $10515.61 | 2.02% | $400,900 | N/A |
Listed by: Gregory Eisenhart • Keller Williams Real Estate
Mls Name: GSMLS
Mls Provider:
Mls ID: #3966646
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 2025 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.
