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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 Linden at 301 W Morris Ave APT C3, Linden, NJ, 07036 at $230,000 posts ROI 31.97% with $766/mo cash flow from $2,406/mo rent. Total monthly income equals $2,406/mo, and annual cash flow records $9,196/yr on $76,245 to close. Return on cash invested measures 31.97% and rental yield reads 12.55% at the current $230,000. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 by year five. Five-year ROI prints 168.79% and total cumulative return in cash totals $128,695.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,406/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07036, Linden, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,463 (100%) |
| Owner Occupied HU | 9,015 (51.6%) |
| Renter Occupied HU | 7,594 (43.5%) |
| Vacant Housing Units | 854 ( 4.9%) |
| Median Home Value | $474,923 |
| Average Home Value | $527,233 |
Residential
16,522
Single Family
13,989
Multi-Family
2,533
Businesses
1,688
Date | Event | Price |
|---|---|---|
| 2024-08-23 | Listed for sale | $230,000 |
| 2020-12-05 | Listing removed | $1,400 |
| 2020-11-13 | Listed for rent | $1,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $3370.22 | -0.52% | $49,000 | N/A |
| 2022-10-16 | $3387.86 | -0.50% | $49,000 | N/A |
| 2021-10-16 | $3405.01 | 0.87% | $49,000 | N/A |
Listed by: Sailaxmi Panjeti • KELLER WILLIAMS ELITE REALTORS
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2502473R
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC All rights reserved The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.
