108 Breakneck RdHighland LakesNJ07422
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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
Rental property for sale in Highland Lakes at 108 Breakneck Rd, Highland Lakes, NJ, 07422 offers $2,426/mo rent that, after a $1,558/mo payment, leaves $53/mo cash flow. Total monthly income is $2,426/mo, and annual cash flow is $638/yr on $105,516 cash. Return on cash invested measures 20.51% in year one, and rental yield stands at 9.15% at a $318,300 entry. Equity gained on principal adds $2,054/yr while 5% annual appreciation compounds into $87,940 by year five. Five-year ROI records 107.79% and total cumulative return in cash reaches $113,733. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,426/mo property income versus a $1,558/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
9,583 sqft lot
$N/A/sqft
$104 monthly 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
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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