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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 Dunellen at 215 Dunellen Ave, Dunellen, NJ, 08812 offers a 13.84% rental yield on a $415,000 purchase with $4,787/mo rent. Total monthly income registers $4,787/mo, and a $2,031/mo payment leaves $1,717/mo available for distribution. Annual cash flow reaches $20,605/yr on $137,573 to close, and return on cash invested stands at 34.89% in year one. Equity gained on principal adds $2,678/yr while 5% annual appreciation supports $114,657 over five years. Portfolio math shows five-year ROI at 184.77% and total cumulative return in cash at $254,193. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,787/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08812, Dunellen, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,554 (100%) |
| Owner Occupied HU | 3,925 (70.7%) |
| Renter Occupied HU | 1,444 (26.0%) |
| Vacant Housing Units | 185 ( 3.3%) |
| Median Home Value | $585,736 |
| Average Home Value | $621,426 |
Residential
5,053
Single Family
5,037
Multi-Family
16
Businesses
616
Date | Event | Price |
|---|---|---|
| 2024-09-30 | Listed for sale | $415,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $9976.27 | -1.92% | $368,400 | N/A |
| 2022-10-16 | $10171.52 | 18.49% | $368,400 | 33.38% |
| 2021-10-16 | $8584.30 | N/A | $276,200 | N/A |
Listed by: Andrew Murin • COLDWELL BANKER SPRING LAKE
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2504111R
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