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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 Fords at 46 Parsler Place #46, Fords, NJ, 08863 generates $3,185/mo in rent, after a $2,325/mo payment. Total monthly income is $3,185/mo. Return on cash invested sits at 18.38% in year one, and rental yield is 8.05% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 95.88% and total cumulative return in cash sums $150,979. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,185/mo property income rather than buyer’s personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08863, Fords, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,779 (100%) |
| Owner Occupied HU | 3,208 (67.1%) |
| Renter Occupied HU | 1,399 (29.3%) |
| Vacant Housing Units | 172 ( 3.6%) |
| Median Home Value | $460,987 |
| Average Home Value | $501,607 |
Residential
4,707
Single Family
3,786
Multi-Family
921
Businesses
286
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: Spencer Freedman • Keller Williams Realty West Monmouth
Mls Name: MoreMLS
Mls ID: #22534085
