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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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No similar rental properties found nearby.
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 Lafayette at 393 Mohegan Cir #393, Lafayette, NJ, 07848 generates $0/mo in rent, after a $1,591/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.9% in year one, and rental yield is 0% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Townhouse
Built in 1982
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07848, Lafayette, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,860 (100%) |
| Owner Occupied HU | 1,552 (83.4%) |
| Renter Occupied HU | 242 (13.0%) |
| Vacant Housing Units | 66 ( 3.5%) |
| Median Home Value | $475,159 |
| Average Home Value | $543,935 |
Residential
1,736
Single Family
1,736
Multi-Family
0
Businesses
177
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Stephanie Corbo • Realty Executives Exceptional
Mls Name: GSMLS
Mls ID: #3998133
