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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 Somerville at 25 W Spring St, Somerville, NJ, 08876 with 5% annual appreciation on a $620,000 basis while $4,020/mo rent supports operations. 71% in year one. Equity gained on principal adds $4,001/yr, and five-year appreciation sums $171,295 alongside rental yield of 7.78%. Five-year ROI measures 92.26% and total cumulative return in cash totals $188,199. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,020/mo property income versus a $3,035/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1928
7,840 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: Leigh Mclachlan • Mclachlan, Inc.
Mls Name: GSMLS
Mls ID: #3989675
