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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 Franklin Park at 21 Crabapple Ln BLDG 20 #A2, Franklin Park, NJ, 08823 uses $120,998 cash to close to unlock $766/yr annual cash flow and $64/mo monthly cash flow. Total monthly income runs $2,970/mo, and a $1,786/mo payment keeps the spread at $64/mo. Purchase price stands at $365,000, and rental yield measures 9.76% with $2,970/mo rent. Return on cash invested shows 20.54% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 108.56% and total cumulative return in cash records $131,359. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,970/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$305 monthly 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 | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Sophia Funchess • Realty One Group Central
Mls Name: GSMLS
Mls Provider:
Mls ID: #3965492
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.
