104 Back Bone Hill RoadMillstone TownshipNJ08510
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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
Investment property for sale in Millstone Township at 104 Back Bone Hill Road, Millstone Township, NJ, 08510 listed at $1,999,999 pairs $7,445/mo rent with a $9,789/mo payment. Total monthly income runs $7,445/mo. Return on cash invested measures 7.76% in year one, and rental yield registers 4.47% at a $1,999,999 basis. Equity gained on principal adds $12,906/yr, and annual property appreciation at 5% supports $552,563 by year five. Five-year ROI tracks 38.84% and total cumulative return in cash totals $251,695. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,445/mo property income relative to a $9,789/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
1.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08510, Clarksburg, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,763 (100%) |
| Owner Occupied HU | 1,607 (91.2%) |
| Renter Occupied HU | 113 ( 6.4%) |
| Vacant Housing Units | 43 ( 2.4%) |
| Median Home Value | $767,890 |
| Average Home Value | $821,714 |
Housing Distribution
Address Breakdown
Residential
1,657
Single Family
1,657
Multi-Family
0
Businesses
159
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Listed by: Aleksandr Pritsker • EXP Realty
Mls Name: MoreMLS
Mls ID: #22530251