10 Springbrook Rd, E BLDG 32 #10MontvilleNJ07045
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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 Montville at 10 Springbrook Rd, E BLDG 32 #10, Montville, NJ, 07045 offers a 10.15% rental yield on a $448,000 purchase with $3,788/mo rent. Total monthly income registers $3,788/mo, and a $2,193/mo payment leaves $594/mo available for distribution. Annual cash flow reaches $7,134/yr on $148,512 to close, and return on cash invested stands at 24.71% in year one. Equity gained on principal adds $2,891/yr while 5% annual appreciation supports $123,774 over five years. Portfolio math shows five-year ROI at 129.85% and total cumulative return in cash at $192,842. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,788/mo property income against a $2,193/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1995
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07045, Montville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,141 (100%) |
| Owner Occupied HU | 3,682 (88.9%) |
| Renter Occupied HU | 279 ( 6.7%) |
| Vacant Housing Units | 180 ( 4.3%) |
| Median Home Value | $758,258 |
| Average Home Value | $794,595 |
Housing Distribution
Address Breakdown
Residential
3,909
Single Family
3,909
Multi-Family
0
Businesses
354
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Listed by: Frank Cooney • Century 21 The Crossing
Mls Name: GSMLS
Mls ID: #4006754