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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 3 Madden Ct, Springfield, NJ, 07081 at $1,395,000 posts ROI 15.58% with from $8,141/mo rent. Total monthly income equals $8,141/mo. Return on cash invested measures 15.58% and rental yield reads 7% at the current $1,395,000. Equity gained on principal adds $9,002/yr, and 5% annual appreciation supports $385,413 by year five. Five-year ROI prints 80.81% and total cumulative return in cash totals $365,266. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $8,141/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2015
8,276 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lucas Wolf • Wolf Premier Properties
Mls Name: GSMLS
Mls ID: #3986331
