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Priced at $328,000
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Bedrooms
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6
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Bathrooms
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2
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Home Size
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2,000 sq.ft.
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Garage
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2
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Community
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North Elizabeth
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County
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Union
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Property Type
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Rental
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Property Description
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This is a great income producing rental property located in North Elizabeth New Jersey. You can buy it with only a 580 credit score and a low down payment of 3.5%. Your 30 year monthly mortgage payment including taxes and insurance is approximately $1,850 per month based on an annual monthly mortgage rate of 5.375%. The property can generate a gross monthly rental income of $2,600 per month based current below market rents.
Don't let this property pass you by. Now is the time to invest while prices and interest rates are at an all time low. First time home buyers are eligible for the $8,000 dollar government tax credit. This property will more than pay for itself through appreciation and rent increases. Call Carl Lee today at (908) 347-0691 for a private showing. |
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Features List
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• 2 car garage
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• large back yard
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• quiet neighborhood
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• near rail /bus lines
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Carl lee
Realtor/ Associate
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