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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 Newton at 27 Parker Rd, Newton, NJ, 07860 priced at $280,000 pairs $0/mo rent with after a $1,370/mo payment. Total monthly income equals $0/mo. Return on cash invested is -5.89% in year one, and rental yield stands at 0% on a $280,000 basis. Equity gained on principal adds $1,807/yr, and 5% annual appreciation accumulates to $77,359 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07860, Newton, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,522 (100%) |
| Owner Occupied HU | 7,842 (68.1%) |
| Renter Occupied HU | 2,585 (22.4%) |
| Vacant Housing Units | 1,095 ( 9.5%) |
| Median Home Value | $417,121 |
| Average Home Value | $473,838 |
Residential
10,469
Single Family
9,799
Multi-Family
670
Businesses
829
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Martha Filippone • Addison Real Estate
Mls Name: GSMLS
Mls ID: #3993470
