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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 Raritan at 8 Sherman Ave #2, Raritan, NJ, 08869 priced at $575,000 pairs $3,180/mo rent with after a $2,814/mo payment. Total monthly income equals $3,180/mo. Return on cash invested is 14.24% in year one, and rental yield stands at 6.64% 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 73.62% and total cumulative return in cash reaches $139,271. For financing, Ziffy Mortgage’s DSCR program evaluates $3,180/mo property income against a $2,814/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in N/A
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08869, Raritan, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,478 (100%) |
| Owner Occupied HU | 1,586 (45.6%) |
| Renter Occupied HU | 1,735 (49.9%) |
| Vacant Housing Units | 157 ( 4.5%) |
| Median Home Value | $474,089 |
| Average Home Value | $515,988 |
Residential
3,447
Single Family
2,820
Multi-Family
627
Businesses
373
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: Anthony Deluccia • Bhhs Fox & Roach
Mls Name: GSMLS
Mls ID: #3989803
