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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% |
Investment property for sale in Springfield at 83 S Maple Ave, Springfield, NJ, 07081 earns $1,028/mo cash flow from $4,584/mo rent with a $2,442/mo payment. Total monthly income totals $4,584/mo, and annual cash flow totals $12,331/yr on $165,419 capital. ROI tracks 27.36% on current figures, and rental yield reads 11.02% at a $499,000 purchase. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 over five years. Five-year ROI reaches 144.04% and total cumulative return in cash sums $238,266. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,584/mo property income instead of your personal income.
Single Family
Built in 1936
5,101 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07081, Springfield, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,118 (100%) |
| Owner Occupied HU | 4,276 (60.1%) |
| Renter Occupied HU | 2,384 (33.5%) |
| Vacant Housing Units | 458 ( 6.4%) |
| Median Home Value | $617,684 |
| Average Home Value | $640,707 |
Residential
7,018
Single Family
5,932
Multi-Family
1,086
Businesses
789
Date | Event | Price |
|---|---|---|
| 2025-01-04 | Price change | $499,000 |
| 2024-12-05 | Price change | $525,000 |
| 2024-09-05 | Price change | $549,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-28 | $10167.38 | 1.67% | $428,100 | N/A |
| 2023-01-28 | $10000.42 | 7.70% | $428,100 | N/A |
| 2022-01-28 | $9285.49 | 8.36% | $428,100 | 271.94% |
Listed by: Danyella Araujo • COMPASS NEW JERSEY, LLC
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2506186R
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