10 Hannah Mount DriveMillstone TownshipNJ08510
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Millstone Township at 10 Hannah Mount Drive, Millstone Township, NJ, 08510 offers a 5.34% rental yield on a $1,675,000 purchase with $7,450/mo rent. 44% in year one. Equity gained on principal adds $10,809/yr while 5% annual appreciation supports $462,772 over five years. Portfolio math shows five-year ROI at 53.25% and total cumulative return in cash at $289,014. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,450/mo property income against a $8,198/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08510, Clarksburg, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,763 (100%) |
| Owner Occupied HU | 1,607 (91.2%) |
| Renter Occupied HU | 113 ( 6.4%) |
| Vacant Housing Units | 43 ( 2.4%) |
| Median Home Value | $767,890 |
| Average Home Value | $821,714 |
Housing Distribution
Address Breakdown
Residential
1,657
Single Family
1,657
Multi-Family
0
Businesses
159
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Listed by: Thomas Clancy • Keller Williams Realty West Monmouth
Mls Name: MoreMLS
Mls ID: #22529947