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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 Victory Gardens at 215 Washington Ave, Victory Gardens, NJ, 07801 offers a 9.35% rental yield on a $300,000 purchase with $2,338/mo rent. Total monthly income registers $2,338/mo, and a $1,468/mo payment leaves $200/mo available for distribution. Annual cash flow reaches $2,400/yr on $99,450 to close, and return on cash invested stands at 22.32% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 117.01% and total cumulative return in cash at $116,364. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,338/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1942
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07801, Dover, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,059 (100%) |
| Owner Occupied HU | 4,572 (50.5%) |
| Renter Occupied HU | 4,263 (47.1%) |
| Vacant Housing Units | 224 ( 2.5%) |
| Median Home Value | $400,436 |
| Average Home Value | $424,981 |
Residential
8,566
Single Family
7,892
Multi-Family
674
Businesses
664
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: Keith Nilsen • Keller Williams Metropolitan
Mls Name: GSMLS
Mls ID: #3995659
