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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 Skillman at 3 Van Zandt Rd, Skillman, NJ, 08558 priced at $1,655,500 converts $8,664/mo rent into after a $8,103/mo obligation. Total monthly income equals $8,664/mo. Return on cash invested prints 13.35% in year one, and rental yield reads 6.28% against a $1,655,500 entry. Equity gained on principal adds $10,683/yr, while 5% annual appreciation compiles into $457,384 by year five. Five-year ROI reaches 68.85% and total cumulative return in cash sums $369,280. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,664/mo property income covering a $8,103/mo payment, not borrower’s personal income.
Single Family
Built in 2001
1.58 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08558, Skillman, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,093 (100%) |
| Owner Occupied HU | 2,602 (84.1%) |
| Renter Occupied HU | 318 (10.3%) |
| Vacant Housing Units | 173 ( 5.6%) |
| Median Home Value | $892,270 |
| Average Home Value | $953,112 |
Residential
3,001
Single Family
2,835
Multi-Family
166
Businesses
293
Date | Event | Price |
|---|---|---|
| 2025-07-13 | Listing removed | $1,662,500 |
| 2025-06-23 | Pending sale | $1,662,500 |
| 2025-05-29 | Contingent | $1,662,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-14 | $31312.40 | -1.37% | $927,500 | N/A |
| 2023-10-14 | $31748.33 | 7.14% | $927,500 | N/A |
| 2022-10-14 | $29633.63 | N/A | $927,500 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
