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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% |
Investment property for sale in Somerville at 52 Fairview Ave UNIT 2, Somerville, NJ, 08876 earns from $3,359/mo rent with a $3,062/mo payment. Total monthly income totals $3,359/mo. ROI tracks 13.65% on current figures, and rental yield reads 6.44% at a $625,500 purchase. Equity gained on principal adds $4,036/yr, and 5% annual appreciation supports $172,814 over five years. Five-year ROI reaches 70.49% and total cumulative return in cash sums $145,058. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,359/mo property income instead of your personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08876, Somerville, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,183 (100%) |
| Owner Occupied HU | 6,170 (55.2%) |
| Renter Occupied HU | 4,259 (38.1%) |
| Vacant Housing Units | 754 ( 6.7%) |
| Median Home Value | $537,859 |
| Average Home Value | $581,425 |
Residential
10,180
Single Family
9,519
Multi-Family
661
Businesses
1,475
Date | Event | Price |
|---|---|---|
| 2024-10-06 | Listed for sale | $625,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Angela M. Billard • Bhhs Fox & Roach
Mls Name: GSMLS
Mls Provider:
Mls ID: #3926785
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 2024 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.
