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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 Kenvil at 7 Corwin St, Kenvil, NJ, 07847 priced at $575,000 pairs $4,450/mo rent with $352/mo cash flow after a $2,814/mo payment. Total monthly income equals $4,450/mo, and annual cash flow comes to $4,222/yr on $189,175 invested. Return on cash invested is 22.29% in year one, and rental yield stands at 9.29% on a $575,000 basis. Equity gained on principal adds $3,710/yr, and 5% annual appreciation accumulates to $158,862 by year five. Five-year ROI measures 116.82% and total cumulative return in cash reaches $221,003. For financing, Ziffy Mortgage’s DSCR program evaluates $4,450/mo property income against a $2,814/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07847, Kenvil, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 609 (100%) |
| Owner Occupied HU | 462 (75.9%) |
| Renter Occupied HU | 121 (19.9%) |
| Vacant Housing Units | 26 ( 4.3%) |
| Median Home Value | $393,706 |
| Average Home Value | $416,196 |
Residential
648
Single Family
648
Multi-Family
0
Businesses
180
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: Michael Kahwaty • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3998062
