Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Somerville at 224 E Cliff St, Somerville, NJ, 08876 priced at $509,000 pairs $4,020/mo rent with $392/mo cash flow after a $2,491/mo payment. Total monthly income equals $4,020/mo, and annual cash flow comes to $4,707/yr on $167,461 invested. Return on cash invested is 22.87% in year one, and rental yield stands at 9.48% on a $509,000 basis. Equity gained on principal adds $3,285/yr, and 5% annual appreciation accumulates to $140,627 by year five. Five-year ROI measures 119.95% and total cumulative return in cash reaches $200,869. For financing, Ziffy Mortgage’s DSCR program evaluates $4,020/mo property income against a $2,491/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08876, Somerville, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,183 (100%) |
| Owner Occupied HU | 6,170 (55.2%) |
| Renter Occupied HU | 4,259 (38.1%) |
| Vacant Housing Units | 754 ( 6.7%) |
| Median Home Value | $537,859 |
| Average Home Value | $581,425 |
Residential
10,180
Single Family
9,519
Multi-Family
661
Businesses
1,475
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: Patrick M Kelly • Re/Max Preferred Professionals
Mls Name: GSMLS
Mls ID: #3973965
