1101 Washington Valley RoadBasking RidgeNJ07920
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
Investment property for sale in Basking Ridge at 1101 Washington Valley Road, Basking Ridge, NJ, 07920 uses $180,950 cash to close to unlock $8,972/yr annual cash flow and $748/mo monthly cash flow. Total monthly income runs $4,668/mo, and a $2,692/mo payment keeps the spread at $748/mo. Purchase price stands at $550,000, and rental yield measures 10.18% with $4,668/mo rent. Return on cash invested shows 25.02% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 131.45% and total cumulative return in cash records $237,850. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,668/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Single Family
Built in 1760
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07920, Basking Ridge, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,074 (100%) |
| Owner Occupied HU | 8,740 (78.9%) |
| Renter Occupied HU | 1,861 (16.8%) |
| Vacant Housing Units | 473 ( 4.3%) |
| Median Home Value | $874,651 |
| Average Home Value | $959,629 |
Housing Distribution
Address Breakdown
Residential
10,857
Single Family
10,296
Multi-Family
561
Businesses
492
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura Dentroux • Pecora Realtors
Mls Name: MOMLS
Mls Provider:
Mls ID: #22510359
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.