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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 Somerville at 36 S Bridge St, Somerville, NJ, 08876 priced at $575,000 converts $4,724/mo rent into $626/mo cash flow after a $2,814/mo obligation. Total monthly income equals $4,724/mo, and annual cash flow totals $7,510/yr on $189,175 invested. Return on cash invested prints 24.03% in year one, and rental yield reads 9.86% against a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation compiles into $158,862 by year five. Five-year ROI reaches 126.14% and total cumulative return in cash sums $238,631. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,724/mo property income covering a $2,814/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08876, Somerville, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,183 (100%) |
| Owner Occupied HU | 6,170 (55.2%) |
| Renter Occupied HU | 4,259 (38.1%) |
| Vacant Housing Units | 754 ( 6.7%) |
| Median Home Value | $537,859 |
| Average Home Value | $581,425 |
Residential
10,180
Single Family
9,519
Multi-Family
661
Businesses
1,475
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: Maulik Amin • Luminance Realty
Mls Name: GSMLS
Mls ID: #3982652
