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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 Union at 293 Concord Ave, Union, NJ, 07083 listed at $500,000 pairs $3,679/mo rent with a $2,447/mo payment to leave $115/mo cash flow. Total monthly income runs $3,679/mo, and annual cash flow reaches $1,384/yr on $165,750 cash to close. Return on cash invested measures 20.74% in year one, and rental yield registers 8.83% at a $500,000 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,141 by year five. Five-year ROI tracks 108.57% and total cumulative return in cash totals $179,948. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,679/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07083, Union, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,858 (100%) |
| Owner Occupied HU | 14,421 (66.0%) |
| Renter Occupied HU | 6,528 (29.9%) |
| Vacant Housing Units | 909 ( 4.2%) |
| Median Home Value | $481,353 |
| Average Home Value | $534,432 |
Residential
20,999
Single Family
18,269
Multi-Family
2,730
Businesses
2,244
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: Thomas Hollerbach • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4001581
