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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 Metuchen at 69 Myrtle Ave, Metuchen, NJ, 08840 at $879,000 posts ROI 14.8% with from $4,998/mo rent. Total monthly income equals $4,998/mo. Return on cash invested measures 14.8% and rental yield reads 6.82% at the current $879,000. Equity gained on principal adds $5,672/yr, and 5% annual appreciation supports $242,851 by year five. Five-year ROI prints 76.66% and total cumulative return in cash totals $221,682. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,998/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08840, Metuchen, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,872 (100%) |
| Owner Occupied HU | 4,976 (72.4%) |
| Renter Occupied HU | 1,673 (24.3%) |
| Vacant Housing Units | 223 ( 3.2%) |
| Median Home Value | $605,641 |
| Average Home Value | $649,833 |
Residential
6,869
Single Family
6,629
Multi-Family
240
Businesses
908
Date | Event | Price |
|---|---|---|
| 2022-02-08 | Sold | $540,000 |
| 2021-12-03 | Listed for sale | $496,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-15 | $12491.18 | 6.19% | $179,600 | 2.63% |
| 2023-04-15 | $11763.50 | 8.36% | $175,000 | 2.70% |
| 2022-04-15 | $10856.18 | 2.35% | $170,400 | N/A |
Listed by: Jasmine Tsui • WEICHERT CO REALTORS
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2511912R
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