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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 Boonton at 233 Intervale Rd, Boonton, NJ, 07005 generates $5,263/mo in rent, after a $4,038/mo payment. Total monthly income is $5,263/mo. Return on cash invested sits at 17.33% in year one, and rental yield is 7.66% on a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation builds toward $227,932 over five years. Five-year ROI reaches 90.22% and total cumulative return in cash sums $244,881. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,263/mo property income rather than buyer’s personal income.
Single Family
Built in 1811
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07005, Boonton, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,397 (100%) |
| Owner Occupied HU | 4,336 (67.8%) |
| Renter Occupied HU | 1,837 (28.7%) |
| Vacant Housing Units | 224 ( 3.5%) |
| Median Home Value | $627,538 |
| Average Home Value | $682,012 |
Residential
6,315
Single Family
5,906
Multi-Family
409
Businesses
607
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: Kimberly Brechka • Weichert Realtors Corp Hq
Mls Name: GSMLS
Mls ID: #3993890
