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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 Iselin at 55 Gill Ln, Iselin, NJ, 08830 priced at $315,000 converts $1,714/mo rent into after a $1,542/mo obligation. Total monthly income equals $1,714/mo. Return on cash invested prints 13.8% in year one, and rental yield reads 6.53% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 71.33% and total cumulative return in cash sums $74,489. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,714/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Condo
Built in 1966
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08830, Iselin, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,122 (100%) |
| Owner Occupied HU | 4,099 (57.6%) |
| Renter Occupied HU | 2,758 (38.7%) |
| Vacant Housing Units | 265 ( 3.7%) |
| Median Home Value | $481,515 |
| Average Home Value | $522,167 |
Residential
6,999
Single Family
5,613
Multi-Family
1,386
Businesses
793
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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
