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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 Berkeley Heights at 52 Columbia Ave, Berkeley Heights, NJ, 07922 priced at $849,000 pairs $5,054/mo rent with after a $4,155/mo payment. Total monthly income equals $5,054/mo. Return on cash invested is 15.78% in year one, and rental yield stands at 7.14% on a $849,000 basis. Equity gained on principal adds $5,478/yr, and 5% annual appreciation accumulates to $234,563 by year five. Five-year ROI measures 81.88% and total cumulative return in cash reaches $228,716. For financing, Ziffy Mortgage’s DSCR program evaluates $5,054/mo property income against a $4,155/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07922, Berkeley Heights, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,805 (100%) |
| Owner Occupied HU | 3,915 (81.5%) |
| Renter Occupied HU | 550 (11.4%) |
| Vacant Housing Units | 340 ( 7.1%) |
| Median Home Value | $777,472 |
| Average Home Value | $844,385 |
Residential
4,667
Single Family
4,667
Multi-Family
0
Businesses
442
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: Romesh Kaur Sharif • Keller Williams Realty
Mls Name: GSMLS
Mls ID: #3987376
