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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 Springfield at 2507 PARK PLACE, Springfield, NJ, 07081 earns $825/mo cash flow from $5,627/mo rent with a $2,937/mo payment. Total monthly income totals $5,627/mo, and annual cash flow totals $9,900/yr on $197,400 capital. ROI tracks 25.08% on current figures, and rental yield reads 11.25% at a $599,999 purchase. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,769 over five years. Five-year ROI reaches 132.91% and total cumulative return in cash sums $262,355. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,627/mo property income instead of your personal income.
Townhouse
Built in 1989
N/A lot
$N/A/sqft
$525 monthly HOA
Neighborhood data shown for ZIP Code: 07081, Springfield, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,118 (100%) |
| Owner Occupied HU | 4,276 (60.1%) |
| Renter Occupied HU | 2,384 (33.5%) |
| Vacant Housing Units | 458 ( 6.4%) |
| Median Home Value | $617,684 |
| Average Home Value | $640,707 |
Residential
7,018
Single Family
5,932
Multi-Family
1,086
Businesses
789
Date | Event | Price |
|---|---|---|
| 2017-12-07 | Sold | $395,000 |
| 2012-05-23 | Sold | $337,000 |
| 2001-09-21 | Sold | $332,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-25 | $10423.88 | 1.67% | $438,900 | N/A |
| 2023-06-25 | $10252.70 | 7.70% | $438,900 | N/A |
| 2022-06-25 | $9519.74 | -11.94% | $438,900 | 202.27% |
Listed by: Jacqueline Mandell • Keller Williams Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3971127
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
