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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% |
Total monthly income runs $3,452/mo, and a $7,097/mo payment. Purchase price stands at $1,450,000, and rental yield measures 2.86% with $3,452/mo rent. Return on cash invested shows 2.79% in year one, and 5% annual appreciation builds toward $400,608 over five years. Five-year ROI reaches 12.19% and total cumulative return in cash records $57,273. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,452/mo property income covering a $7,097/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07076, Scotch Plains, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,413 (100%) |
| Owner Occupied HU | 7,002 (74.4%) |
| Renter Occupied HU | 1,929 (20.5%) |
| Vacant Housing Units | 482 ( 5.1%) |
| Median Home Value | $747,684 |
| Average Home Value | $786,962 |
Residential
9,143
Single Family
8,866
Multi-Family
277
Businesses
599
Date | Event | Price |
|---|---|---|
| 2024-10-04 | Price change | $1,450,000 |
| 2024-08-26 | Price change | $1,499,000 |
| 2024-08-09 | Price change | $1,574,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $19415.70 | 1.21% | $170,000 | N/A |
| 2022-10-16 | $19184.50 | 0.17% | $170,000 | N/A |
| 2021-10-16 | $19152.20 | 1.23% | $170,000 | N/A |
Listed by: Michael Greene • Keller Williams Real Estate
Mls Name: GSMLS
Mls Provider:
Mls ID: #3927849
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
