








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 Warren at 51 Red Hill Rd, Warren, NJ, 07059 priced at $1,195,000 converts $4,083/mo rent into after a $5,849/mo obligation. Total monthly income equals $4,083/mo. Return on cash invested prints 6.62% in year one, and rental yield reads 4.1% against a $1,195,000 entry. Equity gained on principal adds $7,711/yr, while 5% annual appreciation compiles into $330,156 by year five. Five-year ROI reaches 32.78% and total cumulative return in cash sums $126,902. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,083/mo property income covering a $5,849/mo payment, not borrower’s personal income.
Single Family
Built in 1974
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07059, Warren, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,064 (100%) |
| Owner Occupied HU | 5,162 (85.1%) |
| Renter Occupied HU | 539 ( 8.9%) |
| Vacant Housing Units | 363 ( 6.0%) |
| Median Home Value | $955,093 |
| Average Home Value | $1,050,335 |
Residential
6,026
Single Family
5,915
Multi-Family
111
Businesses
656
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: Lauren Roth • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3979944