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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 48 Highland Ter, Fords, NJ, 08863 priced at $494,900 pairs $4,225/mo rent with $698/mo cash flow after a $2,422/mo payment. Total monthly income equals $4,225/mo, and annual cash flow comes to $8,373/yr on $164,059 invested. Return on cash invested is 25.01% in year one, and rental yield stands at 10.24% on a $494,900 basis. Equity gained on principal adds $3,194/yr, and 5% annual appreciation accumulates to $136,732 by year five. Five-year ROI measures 131.43% and total cumulative return in cash reaches $215,631. For financing, Ziffy Mortgage’s DSCR program evaluates $4,225/mo property income against a $2,422/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1949
10,001 sqft 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 |
|---|---|---|
| 2025-03-14 | Listed for sale | $494,900 |
| 2007-03-06 | Sold | $318,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-16 | $9074.52 | 2.22% | $78,000 | N/A |
| 2023-03-16 | $8877.18 | 2.57% | $78,000 | N/A |
| 2022-03-16 | $8654.88 | 0.83% | $78,000 | N/A |
Listed by: Anais Canela • RE/MAX FIRST REALTY, INC.
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2510382R
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