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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 Washington at 7 Inverrary Ave, Washington, NJ, 07882 priced at $479,900 pairs $0/mo rent with after a $2,349/mo payment. Total monthly income equals $0/mo. Return on cash invested is -8.36% in year one, and rental yield stands at 0% on a $479,900 basis. Equity gained on principal adds $3,097/yr, and 5% annual appreciation accumulates to $132,588 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $2,349/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
0.46 Acres lot
$N/A/sqft
$50 monthly HOA
Neighborhood data shown for ZIP Code: 07882, Washington, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,588 (100%) |
| Owner Occupied HU | 4,513 (68.5%) |
| Renter Occupied HU | 1,719 (26.1%) |
| Vacant Housing Units | 356 ( 5.4%) |
| Median Home Value | $361,146 |
| Average Home Value | $384,518 |
Residential
6,179
Single Family
6,107
Multi-Family
72
Businesses
488
Date | Event | Price |
|---|---|---|
| 2019-05-06 | Sold | $295,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-25 | $13304.49 | -0.57% | $331,700 | N/A |
| 2023-04-25 | $13380.78 | 7.09% | $331,700 | N/A |
| 2022-04-25 | $12495.14 | 1.56% | $331,700 | N/A |
No similar rental properties found nearby.
Listed by: Kelly Houston • Keller Williams Real Estate
Mls Name: GSMLS
Mls Provider:
Mls ID: #3958780
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.
