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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 Berkeley Heights at 47 Park Edge BLDG 1 #47, Berkeley Heights, NJ, 07922 listed at $400,000 pairs $3,906/mo rent with a $1,958/mo payment to leave $1,055/mo cash flow. Total monthly income runs $3,906/mo, and annual cash flow reaches $12,656/yr on $132,600 cash to close. Return on cash invested measures 29.45% in year one, and rental yield registers 11.72% at a $400,000 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,513 by year five. Five-year ROI tracks 155.26% and total cumulative return in cash totals $205,876. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,906/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1994
N/A 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: Richard Shafer • Keller Williams Real Estate
Mls Name: GSMLS
Mls ID: #3977231
