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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 Flemington at 9 Corcoran St, Flemington, NJ, 08822 offers a 9.11% rental yield on a $575,000 purchase with $4,367/mo rent. Total monthly income registers $4,367/mo, and a $2,814/mo payment leaves $269/mo available for distribution. Annual cash flow reaches $3,226/yr on $189,175 to close, and return on cash invested stands at 21.77% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 114% and total cumulative return in cash at $215,663. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,367/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08822, Flemington, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,108 (100%) |
| Owner Occupied HU | 9,836 (75.0%) |
| Renter Occupied HU | 2,786 (21.3%) |
| Vacant Housing Units | 486 ( 3.7%) |
| Median Home Value | $566,418 |
| Average Home Value | $589,666 |
Residential
12,747
Single Family
12,470
Multi-Family
277
Businesses
1,692
Date | Event | Price |
|---|---|---|
| 2025-01-13 | Price change | $575,000 |
| 2024-12-04 | Price change | $585,000 |
| 2024-11-02 | Listed for sale | $599,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-28 | $10074.60 | 1.21% | $347,400 | 5.27% |
| 2022-01-28 | $9954.02 | 0.87% | $330,000 | 4.56% |
| 2021-01-28 | $9867.69 | 3.42% | $315,600 | 1.64% |
Listed by: Stewart Daniels • RE/MAX PINNACLE
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2505726R
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