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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 Berkeley Heights at 45 Wilson Dr, Berkeley Heights, NJ, 07922 generates $5,656/mo in rent, after a $4,155/mo payment. Total monthly income is $5,656/mo. Return on cash invested sits at 18.36% in year one, and rental yield is 7.99% on a $849,000 entry. Equity gained on principal adds $5,478/yr, while 5% annual appreciation builds toward $234,563 over five years. Five-year ROI reaches 95.75% and total cumulative return in cash sums $267,452. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,656/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07922, Berkeley Heights, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,805 (100%) |
| Owner Occupied HU | 3,915 (81.5%) |
| Renter Occupied HU | 550 (11.4%) |
| Vacant Housing Units | 340 ( 7.1%) |
| Median Home Value | $777,472 |
| Average Home Value | $844,385 |
Residential
4,667
Single Family
4,667
Multi-Family
0
Businesses
442
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: Saritte Harel • Keller Williams Realty
Mls Name: GSMLS
Mls ID: #3995200
