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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 63 Third St, Somerville, NJ, 08876 earns from $4,186/mo rent with a $2,937/mo payment. Total monthly income totals $4,186/mo. ROI tracks 19.51% on current figures, and rental yield reads 8.37% at a $600,000 purchase. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,769 over five years. Five-year ROI reaches 101.89% and total cumulative return in cash sums $201,132. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,186/mo property income instead of your personal income.
Single Family
Built in 1900
4,356 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Maulik Amin • Luminance Realty
Mls Name: GSMLS
Mls ID: #3982647
