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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 Hi Nella at 67 Minnetonka Rd, Hi Nella, NJ, 08083 offers $3,163/mo rent that, after a $1,713/mo payment, leaves $669/mo cash flow. Total monthly income is $3,163/mo, and annual cash flow is $8,023/yr on $115,992 cash. Return on cash invested measures 26.83% in year one, and rental yield stands at 10.85% at a $349,900 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,671 by year five. Five-year ROI records 141.18% and total cumulative return in cash reaches $163,758. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,163/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1926
6,200 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08083, Somerdale, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,007 (100%) |
| Owner Occupied HU | 2,862 (71.4%) |
| Renter Occupied HU | 962 (24.0%) |
| Vacant Housing Units | 183 ( 4.6%) |
| Median Home Value | $312,500 |
| Average Home Value | $396,765 |
Residential
3,991
Single Family
3,991
Multi-Family
0
Businesses
241
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: bob gullo • Garden State Properties Group - Merchantville
Mls Name: Bright MLS
Mls ID: #NJCD2099752
