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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 Cedar Grove at 69 Glen Rock Rd #36, Cedar Grove, NJ, 07009 at $915,000 posts ROI 20.82% with $192/mo cash flow from $7,200/mo rent. Total monthly income equals $7,200/mo, and annual cash flow records $2,298/yr on $301,035 to close. Return on cash invested measures 20.82% and rental yield reads 9.44% at the current $915,000. Equity gained on principal adds $5,904/yr, and 5% annual appreciation supports $252,798 by year five. Five-year ROI prints 109.66% and total cumulative return in cash totals $330,113.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,200/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in N/A
N/A lot
$N/A/sqft
$487 monthly HOA
Neighborhood data shown for ZIP Code: 07009, Cedar Grove, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,456 (100%) |
| Owner Occupied HU | 4,232 (77.6%) |
| Renter Occupied HU | 906 (16.6%) |
| Vacant Housing Units | 318 ( 5.8%) |
| Median Home Value | $649,113 |
| Average Home Value | $719,298 |
Residential
5,087
Single Family
4,773
Multi-Family
314
Businesses
470
Date | Event | Price |
|---|---|---|
| 2025-04-23 | Listed for sale | $915,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kristen Cook • Keller Williams Team Realty
Mls Name: NJMLS
Mls Provider:
Mls ID: #25013158
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 2025-04-24 08:17:32 PDT Source: New Jersey Multiple Listing, Inc. 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
