732 Grove St, Rahway, NJ, 07065 | $1/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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732 Grove St, Rahway, NJ, 07065 | $1/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Rahway at 732 Grove St, Rahway, NJ, 07065 offers $3,914/mo rent that, after a $2,687/mo payment, leaves $1/mo cash flow. Total monthly income is $3,914/mo, and annual cash flow is $11/yr on $180,621 cash. Return on cash invested measures 20.07% in year one, and rental yield stands at 8.56% at a $549,000 entry. Equity gained on principal adds $3,543/yr while 5% annual appreciation compounds into $151,679 by year five. Five-year ROI records 104.89% and total cumulative return in cash reaches $189,452. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,914/mo property income versus a $2,687/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1948

5,000 sqft lot

$N/A/sqft

No HOA

More details about the property

This is your opportunity to own a beautiful renovated Cape in the Inman Heights section of Rahway. This home offers 4 large bedrooms and 2 full baths. The home was completely renovated in 2021.. This home offers a lovely open -concept kitchen with stainless steel appliances and a breakfast bar. . 1st floor Harwood floors through, 2 bedrooms , Living room, full bath and open-concept kitchen, 2nd floor with carpet, 2 bedrooms and new full bath.. . All the updates in the last 4 years. (2021) including AC, force air heating, , kitchen, baths, main door,, newer ceilings through out 1st floor., and garage door.. The basement features a laundry area, utility room, and additional space that can be used for storage or future customization. Conveniently located near shopping, dining, parks, and major transportation routes, this home combines comfort, functionality, and location. Conveniently located just minutes from Rahway and Linden train stations and a short drive to Newark International Airport, this home is perfect for commuters. A truly wonderful place to call home! Don't miss out on this wonderful opportunity!

Neighborhood Data

Neighborhood data shown for ZIP Code: 07065, Rahway, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,853 (100%)
Owner Occupied HU	6,378 (49.6%)
Renter Occupied HU	5,647 (43.9%)
Vacant Housing Units	828 ( 6.4%)
Median Home Value	$444,389
Average Home Value	$517,431