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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 Mount Arlington at 51 Summit Ave, Mount Arlington, NJ, 07856 priced at $550,000 converts $4,028/mo rent into $108/mo cash flow after a $2,692/mo obligation. Total monthly income equals $4,028/mo, and annual cash flow totals $1,292/yr on $180,950 invested. Return on cash invested prints 20.77% in year one, and rental yield reads 8.79% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 108.69% and total cumulative return in cash sums $196,678. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,028/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Single Family
Built in 1988
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07856, Mount Arlington, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,476 (100%) |
| Owner Occupied HU | 1,574 (63.6%) |
| Renter Occupied HU | 673 (27.2%) |
| Vacant Housing Units | 229 ( 9.2%) |
| Median Home Value | $465,155 |
| Average Home Value | $571,722 |
Residential
2,526
Single Family
2,048
Multi-Family
478
Businesses
130
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: Ilene Horowitz • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3996542
