68 High St, Butler, NJ, 07405 | 6.15% Rental Yield | Ziffy
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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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NMLS #2625701
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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics Value
Price $399,900
Est. Rent $3,200/mo
ROI 18%
  • Attractive rent-to-price ratio for income stability
  • Good fit for DSCR financing with healthy coverage
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Investment Highlights

Rental property for sale in Butler at 68 High St, Butler, NJ, 07405 priced at $549,900 pairs $2,820/mo rent with after a $2,691/mo payment. Total monthly income equals $2,820/mo. Return on cash invested is 12.77% in year one, and rental yield stands at 6.15% on a $549,900 basis. Equity gained on principal adds $3,548/yr, and 5% annual appreciation accumulates to $151,927 by year five. Five-year ROI measures 65.77% and total cumulative return in cash reaches $118,982. For financing, Ziffy Mortgage’s DSCR program evaluates $2,820/mo property income against a $2,691/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1962

0.48 Acres lot

$N/A/sqft

No HOA

More details about the property

Wonderful 4 bedroom custom Colonial. All nice size rooms. Beautiful hardwood floors throughout. The first floor features a nice size Foyer with a coat closet in hallway, living room, dining room, eat-in kitchen, laundry room and 1/2 bath on first floor. Entrance off kitchen into the garage. Also has full basement with outside entrance. Second floor features 4 nice size bedrooms, a huge full bathroom, and full attic with roof vents and attic fan. There is a huge backyard with plenty of room to roam. There is a huge second garage in the back with electric and power, as well as a shed. Great space for the woodworker or handyman. There is a second gravel driveway that leads to the back. Plenty of parking. This home has some really nice features. Come make this house your home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07405, Butler, NJ area.

Housing Distribution

Housing Statistics

CategoryValue
Total HU (Housing Units)7,017 (100%)
Owner Occupied HU5,399 (76.9%)
Renter Occupied HU1,364 (19.4%)
Vacant Housing Units254 ( 3.6%)
Median Home Value$611,884
Average Home Value$677,545

Address Breakdown

Residential

6,892

Single Family

6,786

Multi-Family

106

Businesses

617

Price History

Date

Event

Price

No price history data available

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

No tax history data available
Loan officer
Loan officer
Loan officer
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved

Facts & Features

General Information

  • Type: SingleFamily
  • Year Built: 1962
  • Architectural Style: N/A
  • Building Area: N/A
  • Living Area: N/A
  • Property Condition: N/A

Features & Amenities

  • Heating: N/A
  • Cooling: N/A
  • Flooring: N/A
  • Interior Features: N/A
  • Exterior Features: N/A
  • Parking Features: 1 Car Width, Concrete, Driveway-Exclusive, Gravel, Off Street, See Remarks

Location

  • City: Butler
  • State: NJ
  • Subdivision: N/A
  • Lot Size: 0.48 Acres
  • Lot Features: N/A
  • View: N/A

HOA & Fees

  • HOA Fee: N/A
  • Association Fee: N/A
  • Fees & Dues: N/A
  • Association Amenities: N/A
  • Association Fee Includes: N/A

Utilities

  • Utilities: N/A
  • Sewer: N/A
  • Water Source: N/A
  • Road Surface Type: N/A

School Information

  • Elementary School: N/A
  • Middle School: N/A
  • High School: N/A

Listed by: Melissa Florance-lynch • Realty Executives Exceptional 

Mls Name: GSMLS

Mls ID: #3991496

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