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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 Rahway at 698 W Lake Ave, Rahway, NJ, 07065 with 5% annual appreciation on a $539,000 basis while $4,280/mo rent supports operations. Total monthly income totals $4,280/mo and a $2,638/mo payment preserves $438/mo for cash returns. Annual cash flow comes to $5,259/yr on $177,331 deployed, and return on cash invested reaches 23.03% in year one. Equity gained on principal adds $3,478/yr, and five-year appreciation sums $148,916 alongside rental yield of 9.53%. Five-year ROI measures 120.78% and total cumulative return in cash totals $214,176.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,280/mo property income versus a $2,638/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07065, Rahway, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,853 (100%) |
| Owner Occupied HU | 6,378 (49.6%) |
| Renter Occupied HU | 5,647 (43.9%) |
| Vacant Housing Units | 828 ( 6.4%) |
| Median Home Value | $444,389 |
| Average Home Value | $517,431 |
Residential
12,372
Single Family
9,363
Multi-Family
3,009
Businesses
904
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: Jon Carlo Cascio • Keller Williams Realty
Mls Name: GSMLS
Mls ID: #3999960
