








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 Cranford at 233 Cranford Ave, Cranford, NJ, 07016 listed at $450,000 pairs $3,720/mo rent with a $2,203/mo payment to leave $512/mo cash flow. Total monthly income runs $3,720/mo, and annual cash flow reaches $6,144/yr on $149,175 cash to close. Return on cash invested measures 24.03% in year one, and rental yield registers 9.92% at a $450,000 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,327 by year five. Five-year ROI tracks 126.15% and total cumulative return in cash totals $188,178. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,720/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07016, Cranford, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,435 (100%) |
| Owner Occupied HU | 6,913 (73.3%) |
| Renter Occupied HU | 2,147 (22.8%) |
| Vacant Housing Units | 375 ( 4.0%) |
| Median Home Value | $669,813 |
| Average Home Value | $714,383 |
Residential
9,068
Single Family
7,997
Multi-Family
1,071
Businesses
960
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: Ashley Corrigan • Nexthome Choice Group
Mls Name: GSMLS
Mls ID: #3990250