380 Main St Unit19, Chatham, NJ, 07928 | $677/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

380 Main St Unit19, Chatham, NJ, 07928 | $677/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

5 Bed
3 Bath
2600 sft

26 Morse Ave, Edison, NJ, 08817

3 Bed
2 Bath
- sft

720 Boesel Ave, Manville, NJ, 08835

2 Bed
2 Bath
- sft

1 Lackland Ave, Piscataway, NJ, 08854

Investment Property+ 3 more

6 Bed
4 Bath
- sft

1227 W 6th St, Plainfield, NJ, 07063

Nearby investment properties with comparable prices

2 Bed
3 Bath
- sft

1106 Tudor Ct, Hillsborough, NJ, 08844

1 Bed
1 Bath
834 sft

211 Main St UNIT 2, Gladstone, NJ, 07934

1 Bed
1 Bath
802 sft

1 Spring St UNIT 1207, New Brunswick, NJ, 08901

2 Bed
2 Bath
- sft

3011 Revere Ct, Hillsborough, NJ, 08844

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Investment property for sale in Chatham at 380 Main St Unit19, Chatham, NJ, 07928 listed at $379,000 pairs $3,378/mo rent with a $1,855/mo payment to leave $677/mo cash flow. Total monthly income runs $3,378/mo, and annual cash flow reaches $8,119/yr on $125,639 cash to close. Return on cash invested measures 26.37% in year one, and rental yield registers 10.7% at a $379,000 basis. Equity gained on principal adds $2,446/yr, and annual property appreciation at 5% supports $104,711 by year five. Five-year ROI tracks 138.73% and total cumulative return in cash totals $174,299. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,378/mo property income relative to a $1,855/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1945

2.30 Acres lot

$N/A/sqft

No HOA

More details about the property

This beautifully updated, two-bedroom, one full-bath unit offers the perfect location, right in the heart of downtown Chatham! Unit #19 in "Chatham Court" is situated in one of the most desirable courtyards, offering lovely views of the professionally landscaped front gardens, mature trees, and overlooking the rear open green space. This bright and sunny one-floor unit features gleaming hardwood floors, an open living and dining space, and an updated kitchen with a gas stove and a dishwasher. The spacious primary bedroom is flooded with natural light and includes two generously sized closets! The large second bedroom is ideal for guests or a home office. Just steps from Chatham's Midtown Direct train station, the vibrant downtown, and Chatham's top-rated schools, this location cannot be beat. Additional highlights include a bright, large on-site laundry with newer machines, an ample designated storage area, and free unassigned on-site parking. Assigned garage parking is available for a nominal monthly fee, subject to availability. This move-in-ready home combines comfort, style, and unbeatable convenience in the vibrant heart of Chatham. HOA includes common area maintenance, trash removal, heat, water, sewer, and snow removal.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07928, Chatham, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,409 (100%)
Owner Occupied HU	5,792 (78.2%)
Renter Occupied HU	1,251 (16.9%)
Vacant Housing Units	366 ( 4.9%)
Median Home Value	$1,054,078
Average Home Value	$1,149,573