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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 Great Meadows at 44 Lake Just It Rd, Great Meadows, NJ, 07838 offers $1,598/mo rent that, after a $1,101/mo payment. Total monthly income is $1,598/mo. Return on cash invested measures 19.82% in year one, and rental yield stands at 8.52% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 103.64% and total cumulative return in cash reaches $77,301. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,598/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1850
4.20 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07838, Great Meadows, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,316 (100%) |
| Owner Occupied HU | 1,049 (79.7%) |
| Renter Occupied HU | 175 (13.3%) |
| Vacant Housing Units | 92 ( 7.0%) |
| Median Home Value | $452,429 |
| Average Home Value | $501,930 |
Residential
1,245
Single Family
1,245
Multi-Family
0
Businesses
99
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: Lauren Walters • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3980981
