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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 Chatham at 49 Summit Ave #B, Chatham, NJ, 07928 listed at $895,000 pairs $4,661/mo rent with a $4,381/mo payment. Total monthly income runs $4,661/mo. Return on cash invested measures 13.06% in year one, and rental yield registers 6.25% at a $895,000 basis. Equity gained on principal adds $5,775/yr, and annual property appreciation at 5% supports $247,272 by year five. Five-year ROI tracks 67.31% and total cumulative return in cash totals $198,194. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,661/mo property income relative to a $4,381/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2015
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07928, Chatham, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,409 (100%) |
| Owner Occupied HU | 5,792 (78.2%) |
| Renter Occupied HU | 1,251 (16.9%) |
| Vacant Housing Units | 366 ( 4.9%) |
| Median Home Value | $1,054,078 |
| Average Home Value | $1,149,573 |
Residential
7,273
Single Family
6,670
Multi-Family
603
Businesses
571
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: Kathleen Friday • Prominent Properties Sir
Mls Name: GSMLS
Mls ID: #3986608
