Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Skillman at 5 Otter Creek Rd, Skillman, NJ, 08558 priced at $785,000 converts $3,847/mo rent into after a $3,842/mo obligation. Total monthly income equals $3,847/mo. Return on cash invested prints 11.94% in year one, and rental yield reads 5.88% against a $785,000 entry. Equity gained on principal adds $5,065/yr, while 5% annual appreciation compiles into $216,881 by year five. Five-year ROI reaches 61.3% and total cumulative return in cash sums $158,318. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,847/mo property income covering a $3,842/mo payment, not borrower’s personal income.
Single Family
Built in 1999
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08558, Skillman, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,093 (100%) |
| Owner Occupied HU | 2,602 (84.1%) |
| Renter Occupied HU | 318 (10.3%) |
| Vacant Housing Units | 173 ( 5.6%) |
| Median Home Value | $892,270 |
| Average Home Value | $953,112 |
Residential
3,001
Single Family
2,835
Multi-Family
166
Businesses
293
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: Margaret Matzen • Re/Max Premier
Mls Name: GSMLS
Mls ID: #3989532
