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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% |
Total monthly income runs $2,940/mo, and a $6,681/mo payment. Purchase price stands at $1,365,000, and rental yield measures 2.58% with $2,940/mo rent. Return on cash invested shows -3.05% in year one, and 5% annual appreciation builds toward $377,124 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,940/mo property income covering a $6,681/mo payment rather than investor’s personal income.
Condo
Built in 2020
N/A lot
$N/A/sqft
$1,841 monthly HOA
Neighborhood data shown for ZIP Code: 07924, Bernardsville, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,883 (100%) |
| Owner Occupied HU | 2,286 (79.3%) |
| Renter Occupied HU | 446 (15.5%) |
| Vacant Housing Units | 151 ( 5.2%) |
| Median Home Value | $868,827 |
| Average Home Value | $990,857 |
Residential
2,738
Single Family
2,699
Multi-Family
39
Businesses
434
Date | Event | Price |
|---|---|---|
| 2024-03-17 | Price change | $1,365,000 |
| 2024-01-25 | Price change | $1,400,000 |
| 2023-09-28 | Listed for sale | $1,425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-12 | $25253.13 | 243.91% | $1,257,000 | 259.14% |
| 2022-11-12 | $7343.00 | N/A | $350,000 | N/A |
| 2021-11-12 | N/A | N/A | $350,000 | 133.33% |
Listed by: Julie Ligorner • Turpin Real Estate, Inc.
Mls Name: GSMLS
Mls Provider:
Mls ID: #3866555
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 2024 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.
