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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 Flanders at 7 Virgil Ln, Flanders, NJ, 07836 offers $2,482/mo rent that, after a $4,890/mo payment. Total monthly income is $2,482/mo. Return on cash invested measures 3.12% in year one, and rental yield stands at 2.98% at a $999,000 entry. Equity gained on principal adds $6,446/yr while 5% annual appreciation compounds into $276,005 by year five. Five-year ROI records 14.03% and total cumulative return in cash reaches $46,106. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,482/mo property income versus a $4,890/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07836, Flanders, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,151 (100%) |
| Owner Occupied HU | 3,445 (66.9%) |
| Renter Occupied HU | 1,539 (29.9%) |
| Vacant Housing Units | 167 ( 3.2%) |
| Median Home Value | $580,259 |
| Average Home Value | $623,827 |
Residential
4,827
Single Family
4,717
Multi-Family
110
Businesses
441
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: Kelly Olsen • Keller Williams Metropolitan
Mls Name: GSMLS
Mls ID: #3996241
