10 Mount Olive RdBudd LakeNJ07828
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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 Budd Lake at 10 Mount Olive Rd, Budd Lake, NJ, 07828 earns from $3,904/mo rent with a $3,181/mo payment. Total monthly income totals $3,904/mo. ROI tracks 15.97% on current figures, and rental yield reads 7.21% at a $650,000 purchase. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 over five years. Five-year ROI reaches 82.94% and total cumulative return in cash sums $177,374. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,904/mo property income instead of your personal income.
Multi Family
Built in 1928
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07828, Budd Lake, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,290 (100%) |
| Owner Occupied HU | 3,117 (49.6%) |
| Renter Occupied HU | 2,929 (46.6%) |
| Vacant Housing Units | 244 ( 3.9%) |
| Median Home Value | $530,689 |
| Average Home Value | $558,836 |
Housing Distribution
Address Breakdown
Residential
5,820
Single Family
5,820
Multi-Family
0
Businesses
290
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Listed by: Juliana Pirtea • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4005152