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% |
Investment property for sale in Raritan at 24 E Somerset St #n/a, Raritan, NJ, 08869 with 5% annual appreciation on a $1,100,000 basis while $2,934/mo rent supports operations. 85% in year one. Equity gained on principal adds $7,098/yr, and five-year appreciation sums $303,910 alongside rental yield of 3.2%. Five-year ROI measures 17.89% and total cumulative return in cash totals $63,763. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,934/mo property income versus a $5,384/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Apartment
Built in 1940
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08869, Raritan, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,478 (100%) |
| Owner Occupied HU | 1,586 (45.6%) |
| Renter Occupied HU | 1,735 (49.9%) |
| Vacant Housing Units | 157 ( 4.5%) |
| Median Home Value | $474,089 |
| Average Home Value | $515,988 |
Residential
3,447
Single Family
2,820
Multi-Family
627
Businesses
373
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: Patricia Grish-katchen • Re/Max Classic Group
Mls Name: GSMLS
Mls ID: #3997757
