








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 Springfield at 2 S Audlen Ter, Springfield, NJ, 07081 priced at $899,000 converts $7,278/mo rent into $870/mo cash flow after a $4,400/mo obligation. Total monthly income equals $7,278/mo, and annual cash flow totals $10,443/yr on $295,771 invested. Return on cash invested prints 23.59% in year one, and rental yield reads 9.71% against a $899,000 entry. Equity gained on principal adds $5,801/yr, while 5% annual appreciation compiles into $248,377 by year five. Five-year ROI reaches 123.8% and total cumulative return in cash sums $366,166. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,278/mo property income covering a $4,400/mo payment, not borrower’s personal income.
Single Family
Built in 1971
10,676 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07081, Springfield, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,118 (100%) |
| Owner Occupied HU | 4,276 (60.1%) |
| Renter Occupied HU | 2,384 (33.5%) |
| Vacant Housing Units | 458 ( 6.4%) |
| Median Home Value | $617,684 |
| Average Home Value | $640,707 |
Residential
7,018
Single Family
5,932
Multi-Family
1,086
Businesses
789
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: MICHELE KLUG • KELLER WILLIAMS TOWNE SQUARE
Mls Name: All Jersey MLS
Mls ID: #2604246R