Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Salem at 83 Union St, Salem, NJ, 08079 priced at $140,000 pairs $1,870/mo rent with $733/mo cash flow after a $685/mo payment. Total monthly income equals $1,870/mo, and annual cash flow comes to $8,801/yr on $46,410 invested. Return on cash invested is 38.87% in year one, and rental yield stands at 16.03% on a $140,000 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,679 by year five. Five-year ROI measures 207.11% and total cumulative return in cash reaches $96,118. For financing, Ziffy Mortgage’s DSCR program evaluates $1,870/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1920
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08079, Salem, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,126 (100%) |
| Owner Occupied HU | 2,600 (50.7%) |
| Renter Occupied HU | 1,885 (36.8%) |
| Vacant Housing Units | 641 (12.5%) |
| Median Home Value | $260,543 |
| Average Home Value | $350,401 |
Residential
4,262
Single Family
4,090
Multi-Family
172
Businesses
308
Date | Event | Price |
|---|---|---|
| 2025-10-06 | Listing removed | $259,000 |
| 2025-08-13 | Price change | $259,000 |
| 2025-07-17 | Price change | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-22 | $4579.65 | N/A | $55,700 | N/A |
| 2024-10-22 | $4579.65 | 4.59% | $55,700 | N/A |
| 2023-10-22 | $4378.58 | 8.31% | $55,700 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
