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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% |
Rental property for sale in Highlands at 1 Fennimore Terrace, Highlands, NJ, 07732 priced at $1,699,000 converts $5,196/mo rent into after a $8,316/mo obligation. Total monthly income equals $5,196/mo. Return on cash invested prints 5.3% in year one, and rental yield reads 3.67% against a $1,699,000 entry. Equity gained on principal adds $10,963/yr, while 5% annual appreciation compiles into $469,402 by year five. Five-year ROI reaches 25.65% and total cumulative return in cash sums $141,185. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,196/mo property income covering a $8,316/mo payment, not borrower’s personal income.
Single Family
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07732, Highlands, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,931 (100%) |
| Owner Occupied HU | 1,483 (50.6%) |
| Renter Occupied HU | 950 (32.4%) |
| Vacant Housing Units | 498 (17.0%) |
| Median Home Value | $609,888 |
| Average Home Value | $671,645 |
Residential
2,694
Single Family
2,306
Multi-Family
388
Businesses
128
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: Christine H Marcoullier • Heritage House Sotheby's International Realty
Mls Name: MoreMLS
Mls ID: #22535139
