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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 Skillman at 413 Route 518, Skillman, NJ, 08558 listed at $722,500 pairs $5,940/mo rent with a $3,536/mo payment to leave $790/mo cash flow. Total monthly income runs $5,940/mo, and annual cash flow reaches $9,485/yr on $237,703 cash to close. Return on cash invested measures 24.05% in year one, and rental yield registers 9.87% at a $722,500 basis. Equity gained on principal adds $4,662/yr, and annual property appreciation at 5% supports $199,613 by year five. Five-year ROI tracks 126.26% and total cumulative return in cash totals $300,132. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,940/mo property income relative to a $3,536/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1845
0.51 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 |
|---|---|---|
| 2025-07-25 | Sold | $722,500 |
| 2025-05-29 | Pending sale | $699,900 |
| 2025-05-09 | Listed for sale | $699,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $13210.29 | -1.37% | $391,300 | N/A |
| 2023-10-19 | $13394.20 | 7.14% | $391,300 | N/A |
| 2022-10-19 | $12502.04 | N/A | $391,300 | N/A |
Listed by: Cynthia Fowlkes • Re/Max Instyle
Mls Name: GSMLS
Mls Provider:
Mls ID: #3961849
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
