Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
Listed by: Carrie A. Sullivan • Keller Williams Real Estate
Mls Name: GSMLS
Mls ID: #3979554
Rental property for sale in Franklin Park at 2 Sapphire Ln, Franklin Park, NJ, 08823 generates $3,000/mo in rent, after a $2,692/mo payment. Total monthly income is $3,000/mo. Return on cash invested sits at 13.96% in year one, and rental yield is 6.55% on a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 72.14% and total cumulative return in cash sums $130,534. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.
Townhouse
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08823, Franklin Park, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,871 (100%) |
| Owner Occupied HU | 2,571 (66.4%) |
| Renter Occupied HU | 1,174 (30.3%) |
| Vacant Housing Units | 126 ( 3.3%) |
| Median Home Value | $394,233 |
| Average Home Value | $447,268 |
Residential
3,847
Single Family
3,847
Multi-Family
0
Businesses
167
Date | Event | Price |
|---|---|---|
| No price history data available | ||
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
