




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 Springfield at 55A Troy Dr, Springfield, NJ, 07081 priced at $290,000 converts $3,581/mo rent into $1,514/mo cash flow after a $1,419/mo obligation. Total monthly income equals $3,581/mo, and annual cash flow totals $18,172/yr on $96,135 invested. Return on cash invested prints 38.81% in year one, and rental yield reads 14.82% against a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,122 by year five. Five-year ROI reaches 205.45% and total cumulative return in cash sums $197,512. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,581/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Single Family
Built in N/A
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07081, Springfield, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,118 (100%) |
| Owner Occupied HU | 4,276 (60.1%) |
| Renter Occupied HU | 2,384 (33.5%) |
| Vacant Housing Units | 458 ( 6.4%) |
| Median Home Value | $617,684 |
| Average Home Value | $640,707 |
Residential
7,018
Single Family
5,932
Multi-Family
1,086
Businesses
789
Date | Event | Price |
|---|---|---|
| 2025-07-16 | Sold | $290,000 |
| 2025-05-23 | Pending sale | $259,000 |
| 2025-05-14 | Listed for sale | $259,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Scott Shuman • Keller Williams Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3962966
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