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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 Berkeley Heights at 566 Plainfield Ave, Berkeley Heights, NJ, 07922 with 5% annual appreciation on a $600,000 basis while $5,443/mo rent supports operations. Total monthly income totals $5,443/mo and a $2,937/mo payment preserves $1,166/mo for cash returns. Annual cash flow comes to $13,992/yr on $197,400 deployed, and return on cash invested reaches 27.15% in year one. Equity gained on principal adds $3,872/yr, and five-year appreciation sums $165,769 alongside rental yield of 10.89%. Five-year ROI measures 142.87% and total cumulative return in cash totals $282,024.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,443/mo property income versus a $2,937/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
0.26 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: Lori Dahl • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3977663
