103 Oakridge DrMount RoyalNJ08061
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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 Mount Royal at 103 Oakridge Dr, Mount Royal, NJ, 08061 earns $1,049/mo cash flow from $3,822/mo rent with a $1,904/mo payment. Total monthly income totals $3,822/mo, and annual cash flow totals $12,591/yr on $128,954 capital. ROI tracks 29.67% on current figures, and rental yield reads 11.79% at a $389,000 purchase. Equity gained on principal adds $2,510/yr, and 5% annual appreciation supports $107,474 over five years. Five-year ROI reaches 156.46% and total cumulative return in cash sums $201,762. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,822/mo property income instead of your personal income.
Townhouse
Built in 2009
2,230 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08061, Mount Royal, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,380 (100%) |
| Owner Occupied HU | 1,208 (87.5%) |
| Renter Occupied HU | 143 (10.4%) |
| Vacant Housing Units | 29 ( 2.1%) |
| Median Home Value | $412,945 |
| Average Home Value | $444,298 |
Housing Distribution
Address Breakdown
Residential
1,203
Single Family
1,203
Multi-Family
0
Businesses
30
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Listed by: Julie Twomey • Keller Williams Realty - Washington Township
Mls Name: Bright MLS
Mls ID: #NJGL2068238