10 Indian RunMillingtonNJ07946
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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
Rental property for sale in Millington at 10 Indian Run, Millington, NJ, 07946 generates $6,898/mo in rent, after a $4,836/mo payment. Total monthly income is $6,898/mo. Return on cash invested sits at 19.53% in year one, and rental yield is 8.38% on a $988,000 entry. Equity gained on principal adds $6,375/yr, while 5% annual appreciation builds toward $272,966 over five years. Five-year ROI reaches 102% and total cumulative return in cash sums $331,552. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,898/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07946, Millington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,163 (100%) |
| Owner Occupied HU | 1,026 (88.2%) |
| Renter Occupied HU | 111 ( 9.5%) |
| Vacant Housing Units | 26 ( 2.2%) |
| Median Home Value | $759,138 |
| Average Home Value | $792,037 |
Housing Distribution
Address Breakdown
Residential
1,100
Single Family
1,100
Multi-Family
0
Businesses
88
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Listed by: Jack Qizhan Yao • Realmart Realty
Mls Name: GSMLS
Mls ID: #3972933