Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
No similar rental properties found nearby.
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 Washington at 3 Drake Ct, Washington, NJ, 07882 with 5% annual appreciation on a $689,990 basis while $0/mo rent supports operations. 62% in year one. Equity gained on principal adds $4,452/yr, and five-year appreciation sums $190,632 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $3,377/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
1 Acres lot
$N/A/sqft
$130 monthly HOA
Neighborhood data shown for ZIP Code: 07882, Washington, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,588 (100%) |
| Owner Occupied HU | 4,513 (68.5%) |
| Renter Occupied HU | 1,719 (26.1%) |
| Vacant Housing Units | 356 ( 5.4%) |
| Median Home Value | $361,146 |
| Average Home Value | $384,518 |
Residential
6,179
Single Family
6,107
Multi-Family
72
Businesses
488
Date | Event | Price |
|---|---|---|
| 2025-03-21 | Listed for sale | $689,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-24 | $2506.88 | -24.67% | $62,500 | -24.24% |
| 2023-03-24 | $3328.06 | 7.09% | $82,500 | N/A |
| 2022-03-24 | $3107.78 | 1.56% | $82,500 | N/A |
No similar rental properties found nearby.
Listed by: Joseph Battaglia • Nvr Inc
Mls Name: GSMLS
Mls Provider:
Mls ID: #3952287
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.
