








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 Flanders at 542 Drakestown Rd, Flanders, NJ, 07836 uses $213,521 cash to close to unlock $9,453/yr annual cash flow and $788/mo monthly cash flow. Total monthly income runs $5,438/mo, and a $3,177/mo payment keeps the spread at $788/mo. Purchase price stands at $649,000, and rental yield measures 10.05% with $5,438/mo rent. Return on cash invested shows 24.49% in year one, and 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 128.64% and total cumulative return in cash records $274,680. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,438/mo property income covering a $3,177/mo payment rather than investor’s personal income.
Single Family
Built in 1978
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07836, Flanders, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,151 (100%) |
| Owner Occupied HU | 3,445 (66.9%) |
| Renter Occupied HU | 1,539 (29.9%) |
| Vacant Housing Units | 167 ( 3.2%) |
| Median Home Value | $580,259 |
| Average Home Value | $623,827 |
Residential
4,827
Single Family
4,717
Multi-Family
110
Businesses
441
Date | Event | Price |
|---|---|---|
| 2025-05-28 | Listed for sale | $649,000 |
| 2020-04-06 | Sold | $425,000 |
| 2020-02-28 | Pending sale | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $13783.18 | 6.02% | $395,500 | N/A |
| 2023-05-29 | $13000.09 | -2.41% | $395,500 | N/A |
| 2022-05-29 | $13320.45 | 0.30% | $395,500 | N/A |



Listed by: Lindsay Lijo • Weichert Realtors
Mls Name: GSMLS
Mls Provider:
Mls ID: #3965557
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