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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 Skillman at 50 Skillman Rd, Skillman, NJ, 08558 offers $6,796/mo rent that, after a $3,108/mo payment, leaves $2,242/mo cash flow. Total monthly income is $6,796/mo, and annual cash flow is $26,908/yr on $208,915 cash. Return on cash invested measures 32.94% in year one, and rental yield stands at 12.84% at a $635,000 entry. Equity gained on principal adds $4,098/yr while 5% annual appreciation compounds into $175,439 by year five. Five-year ROI records 174% and total cumulative return in cash reaches $363,512. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,796/mo property income versus a $3,108/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
1.60 Acres 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 |
|---|---|---|
| 2025-07-24 | Sold | $635,000 |
| 2025-06-21 | Pending sale | $595,000 |
| 2025-06-11 | Contingent | $595,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | $13541.14 | -1.37% | $401,100 | N/A |
| 2023-10-15 | $13729.65 | 7.14% | $401,100 | N/A |
| 2022-10-15 | $12815.15 | N/A | $401,100 | N/A |
Listed by: Jennifer Curtis • Callaway Henderson Sotheby's Ir
Mls Name: GSMLS
Mls Provider:
Mls ID: #3967550
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 2025 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.
