104 Valley DriveMillstone TownshipNJ08535
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 104 Valley Drive, Millstone Township, NJ, 08535 in Millstone Township: $5,372/mo in rent, $461/mo in net income, 9.36% gross yield, 1.73 DSCR, all at $689,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $190,358 in appreciation and $6,346/yr in principal paydown projects total cumulative return of $293,774.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $461 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $5,372 |
| Total Monthly Debt Service | $4,637 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1975
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08535, Perrineville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,609 (100%) |
| Owner Occupied HU | 1,480 (92.0%) |
| Renter Occupied HU | 78 ( 4.8%) |
| Vacant Housing Units | 51 ( 3.2%) |
| Median Home Value | $850,548 |
| Average Home Value | $878,221 |
Housing Distribution
Address Breakdown
Residential
1,716
Single Family
1,716
Multi-Family
0
Businesses
186
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
Single Family
Built in 1975
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08535, Perrineville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,609 (100%) |
| Owner Occupied HU | 1,480 (92.0%) |
| Renter Occupied HU | 78 ( 4.8%) |
| Vacant Housing Units | 51 ( 3.2%) |
| Median Home Value | $850,548 |
| Average Home Value | $878,221 |
Housing Distribution
Address Breakdown
Residential
1,716
Single Family
1,716
Multi-Family
0
Businesses
186
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katherine Parrinello • RE/MAX Central
Mls Name: MoreMLS
Mls ID: #22600189