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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 Flemington at 7 Colts Ln, Flemington, NJ, 08822 generates $3,000/mo in rent, after a $3,817/mo payment. Total monthly income is $3,000/mo. Return on cash invested sits at 8.09% in year one, and rental yield is 4.62% on a $779,900 entry. Equity gained on principal adds $5,033/yr, while 5% annual appreciation builds toward $215,472 over five years. Five-year ROI reaches 40.7% and total cumulative return in cash sums $104,433. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08822, Flemington, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,108 (100%) |
| Owner Occupied HU | 9,836 (75.0%) |
| Renter Occupied HU | 2,786 (21.3%) |
| Vacant Housing Units | 486 ( 3.7%) |
| Median Home Value | $566,418 |
| Average Home Value | $589,666 |
Residential
12,747
Single Family
12,470
Multi-Family
277
Businesses
1,692
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: Mark Jacobson • Corcoran Sawyer Smith
Mls Name: GSMLS
Mls ID: #3967498
