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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 Succasunna at 50 Carol Drive, Succasunna, NJ, 07876 generates $4,584/mo in rent and, after a $2,814/mo payment, leaves $486/mo in cash flow. Total monthly income is $4,584/mo, and annual cash flow is $5,830/yr on $189,175 invested. Return on cash invested sits at 23.14% in year one, and rental yield is 9.57% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 121.37% and total cumulative return in cash sums $229,607. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,584/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07876, Succasunna, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,757 (100%) |
| Owner Occupied HU | 3,406 (90.7%) |
| Renter Occupied HU | 284 ( 7.6%) |
| Vacant Housing Units | 67 ( 1.8%) |
| Median Home Value | $510,152 |
| Average Home Value | $543,627 |
Residential
3,648
Single Family
3,648
Multi-Family
0
Businesses
361
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: Theodore Miller Ii • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4001148
