Is Six Mile Run, NJ a good place to invest in rental property?

Six Mile Run, NJ has a median modeled monthly cash flow of $-1,554 and a median cap rate of 2.8%, on a median sold price of $499,500. Prices changed +6.9% year over year.

What is the average cap rate in Six Mile Run, NJ?

The median cap rate across recently sold homes in Six Mile Run, NJ is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Six Mile Run, NJ?

The median sold price in Six Mile Run, NJ is $499,500 (about $324 per square foot).

Investing in Six Mile Run, NJ Real Estate

A data-driven snapshot of the Six Mile Run, NJ rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$499,500Median sold price

$324Median $/sqft

2.8%Median cap rate

$-1,554Modeled cash flow / mo

+6.9%Appreciation YoY

5.2Months of supply

40Active listings

92Sold (last 12 mo)

What the Six Mile Run numbers say

In Six Mile Run, NJ, the median home sold for $499,500 (about $324 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-1,554 of monthly cash flow. Sold prices moved +6.9% over the past year. Inventory sits at about 5.2 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other New Jersey markets to compare

See Six Mile Run cash-flowing listings

CashFlowRE ranks every for-sale home in Six Mile Run, NJ by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Six Mile Run deals, or browse the national market data.