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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 Scotch Plains at 213 Myrtle Ave, Scotch Plains, NJ, 07076 priced at $809,222 pairs $3,452/mo rent with after a $3,961/mo payment. Total monthly income equals $3,452/mo. Return on cash invested is 9.62% in year one, and rental yield stands at 5.12% on a $809,222 basis. Equity gained on principal adds $5,222/yr, and 5% annual appreciation accumulates to $223,573 by year five. Five-year ROI measures 48.87% and total cumulative return in cash reaches $130,115. For financing, Ziffy Mortgage’s DSCR program evaluates $3,452/mo property income against a $3,961/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07076, Scotch Plains, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,413 (100%) |
| Owner Occupied HU | 7,002 (74.4%) |
| Renter Occupied HU | 1,929 (20.5%) |
| Vacant Housing Units | 482 ( 5.1%) |
| Median Home Value | $747,684 |
| Average Home Value | $786,962 |
Residential
9,143
Single Family
8,866
Multi-Family
277
Businesses
599
Date | Event | Price |
|---|---|---|
| 2023-08-07 | Listing removed | N/A |
| 2023-02-23 | Price change | $655,000 |
| 2023-02-07 | Listed for sale | $665,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-11 | $11579.71 | 3.04% | $98,400 | N/A |
| 2023-08-11 | $11238.26 | 1.21% | $98,400 | N/A |
| 2022-08-11 | $11104.44 | 0.17% | $98,400 | N/A |
Listed by: Amrita Jacob • Premiumone Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3980325
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.
