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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 Iselin at 203 Berkley Ct, Iselin, NJ, 08830 priced at $449,000 converts $3,245/mo rent into $44/mo cash flow after a $2,198/mo obligation. Total monthly income equals $3,245/mo, and annual cash flow totals $531/yr on $148,844 invested. Return on cash invested prints 20.27% in year one, and rental yield reads 8.67% against a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation compiles into $124,050 by year five. Five-year ROI reaches 106.01% and total cumulative return in cash sums $157,792. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,245/mo property income covering a $2,198/mo payment, not borrower’s personal income.
Single Family
Built in 1930
3,800 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08830, Iselin, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,122 (100%) |
| Owner Occupied HU | 4,099 (57.6%) |
| Renter Occupied HU | 2,758 (38.7%) |
| Vacant Housing Units | 265 ( 3.7%) |
| Median Home Value | $481,515 |
| Average Home Value | $522,167 |
Residential
6,999
Single Family
5,613
Multi-Family
1,386
Businesses
793
Date | Event | Price |
|---|---|---|
| 2024-10-02 | Listed for sale | $449,000 |
| 2006-07-03 | Sold | $358,000 |
| 2002-09-30 | Sold | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $7465.94 | 2.57% | $65,600 | N/A |
| 2022-10-16 | $7278.98 | 0.83% | $65,600 | N/A |
| 2021-10-16 | $7219.28 | -0.35% | $65,600 | N/A |
Listed by: Felipe Ramos • GOLDSTONE REALTY
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2504412R
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