








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 Hillsborough at 1 Elmendorf Cir, Hillsborough, NJ, 08844 priced at $765,000 converts $4,453/mo rent into after a $3,744/mo obligation. Total monthly income equals $4,453/mo. Return on cash invested prints 15.29% in year one, and rental yield reads 6.99% against a $765,000 entry. Equity gained on principal adds $4,936/yr, while 5% annual appreciation compiles into $211,355 by year five. Five-year ROI reaches 79.31% and total cumulative return in cash sums $199,607. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,453/mo property income covering a $3,744/mo payment, not borrower’s personal income.
Single Family
Built in 1989
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08844, Hillsborough, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,763 (100%) |
| Owner Occupied HU | 12,465 (74.4%) |
| Renter Occupied HU | 3,569 (21.3%) |
| Vacant Housing Units | 729 ( 4.3%) |
| Median Home Value | $604,614 |
| Average Home Value | $650,014 |
Residential
16,156
Single Family
15,751
Multi-Family
405
Businesses
1,281
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: Patrick Mccarthy • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3979131