100 Highland Lakes RdHighland LakesNJ07422
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Highland Lakes at 100 Highland Lakes Rd, Highland Lakes, NJ, 07422 priced at $1,400,000 converts $2,863/mo rent into after a $6,852/mo obligation. Total monthly income equals $2,863/mo. Return on cash invested prints 1.55% in year one, and rental yield reads 2.45% against a $1,400,000 entry. Equity gained on principal adds $9,034/yr, while 5% annual appreciation compiles into $386,794 by year five. Five-year ROI reaches 5.53% and total cumulative return in cash sums $25,087. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,863/mo property income covering a $6,852/mo payment, not borrower’s personal income.
Single Family
Built in 2026
65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07422, Highland Lakes, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,128 (100%) |
| Owner Occupied HU | 2,421 (77.4%) |
| Renter Occupied HU | 203 ( 6.5%) |
| Vacant Housing Units | 504 (16.1%) |
| Median Home Value | $375,528 |
| Average Home Value | $471,784 |
Housing Distribution
Address Breakdown
Residential
2,715
Single Family
2,715
Multi-Family
0
Businesses
60
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sean Clarkin • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3999233