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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 Port Reading at 48 Lee St, Port Reading, NJ, 07064 listed at $400,000 pairs $3,354/mo rent with a $1,958/mo payment to leave $503/mo cash flow. Total monthly income runs $3,354/mo, and annual cash flow reaches $6,032/yr on $132,600 cash to close. Return on cash invested measures 24.46% in year one, and rental yield registers 10.06% 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 128.47% and total cumulative return in cash totals $170,356. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,354/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1876
8,890 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07064, Port Reading, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,433 (100%) |
| Owner Occupied HU | 1,044 (72.9%) |
| Renter Occupied HU | 323 (22.5%) |
| Vacant Housing Units | 66 ( 4.6%) |
| Median Home Value | $475,499 |
| Average Home Value | $561,431 |
Residential
1,441
Single Family
1,364
Multi-Family
77
Businesses
92
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: DONALD BENCE • RE/MAX 1st ADVANTAGE
Mls Name: All Jersey MLS
Mls ID: #2660113M
