








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 Somerset at 87 Freemont Ct, Somerset, NJ, 08873 offers $3,898/mo rent that, after a $1,953/mo payment, leaves $1,054/mo cash flow. Total monthly income is $3,898/mo, and annual cash flow is $12,647/yr on $132,269 cash. Return on cash invested measures 29.47% in year one, and rental yield stands at 11.72% at a $399,000 entry. Equity gained on principal adds $2,575/yr while 5% annual appreciation compounds into $110,236 by year five. Five-year ROI records 155.34% and total cumulative return in cash reaches $205,466. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,898/mo property income versus a $1,953/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08873, Somerset, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,399 (100%) |
| Owner Occupied HU | 14,076 (62.8%) |
| Renter Occupied HU | 7,273 (32.5%) |
| Vacant Housing Units | 1,050 ( 4.7%) |
| Median Home Value | $507,032 |
| Average Home Value | $561,292 |
Residential
22,210
Single Family
20,350
Multi-Family
1,860
Businesses
1,471
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: N/A • RE/MAX ACHIEVERS
Mls Name: All Jersey MLS
Mls ID: #2607724R