Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 459B Springfield Avenue #B, Berkeley Heights, NJ, 07922 priced at $499,900 pairs $3,840/mo rent with $277/mo cash flow after a $2,447/mo payment. Total monthly income equals $3,840/mo, and annual cash flow comes to $3,319/yr on $165,717 invested. Return on cash invested is 21.91% in year one, and rental yield stands at 9.22% on a $499,900 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,113 by year five. Five-year ROI measures 114.81% and total cumulative return in cash reaches $190,260. For financing, Ziffy Mortgage’s DSCR program evaluates $3,840/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2006
1,742 sqft 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: Catherine Debenedictis • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3975863
