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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 Watchung at 79 Park Pl, Watchung, NJ, 07069 priced at $1,650,000 pairs $3,878/mo rent with after a $8,076/mo payment. Total monthly income equals $3,878/mo. Return on cash invested is 2.68% in year one, and rental yield stands at 2.82% on a $1,650,000 basis. Equity gained on principal adds $10,647/yr, and 5% annual appreciation accumulates to $455,865 by year five. Five-year ROI measures 11.58% and total cumulative return in cash reaches $61,925. For financing, Ziffy Mortgage’s DSCR program evaluates $3,878/mo property income against a $8,076/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07069, Watchung, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,060 (100%) |
| Owner Occupied HU | 2,188 (71.5%) |
| Renter Occupied HU | 777 (25.4%) |
| Vacant Housing Units | 95 ( 3.1%) |
| Median Home Value | $835,962 |
| Average Home Value | $867,602 |
Residential
2,432
Single Family
2,330
Multi-Family
102
Businesses
280
Date | Event | Price |
|---|---|---|
| 2025-01-29 | Price change | $1,650,000 |
| 2024-10-04 | Listed for sale | $1,600,000 |
| 2024-07-31 | Sold | $550,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-19 | $9458.53 | 4.42% | $473,400 | 6.67% |
| 2023-02-19 | $9057.96 | 7.18% | $443,800 | 9.28% |
| 2022-02-19 | $8450.95 | N/A | $406,100 | 3.12% |
Listed by: Muhammad R. Fayyaz • BETTER HOMES&GARDENS RE MATURO
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2504605R
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