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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 Chatham at 6E Terrace Dr UNIT 6E, Chatham, NJ, 07928 priced at $126,281 pairs $972/mo rent with after a $618/mo payment. Total monthly income equals $972/mo. Return on cash invested is 9.19% in year one, and rental yield stands at 9.24% on a $126,281 basis. Equity gained on principal adds $815/yr, and 5% annual appreciation accumulates to $34,889 by year five. Five-year ROI measures 51.19% and total cumulative return in cash reaches $21,431. For financing, Ziffy Mortgage’s DSCR program evaluates $972/mo property income against a $618/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1986
0.25 Acres lot
$N/A/sqft
$446 monthly HOA
Neighborhood data shown for ZIP Code: 07928, Chatham, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,409 (100%) |
| Owner Occupied HU | 5,792 (78.2%) |
| Renter Occupied HU | 1,251 (16.9%) |
| Vacant Housing Units | 366 ( 4.9%) |
| Median Home Value | $1,054,078 |
| Average Home Value | $1,149,573 |
Residential
7,273
Single Family
6,670
Multi-Family
603
Businesses
571
Date | Event | Price |
|---|---|---|
| 2025-03-15 | Listed for sale | $126,281 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: John Johnson Iii • Exit Platinum Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3950813
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
