12-14 Mount Olive Rd UNIT 2Budd LakeNJ07828
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 Budd Lake at 12-14 Mount Olive Rd UNIT 2, Budd Lake, NJ, 07828 earns $938/mo cash flow from $4,680/mo rent with a $2,570/mo payment. Total monthly income totals $4,680/mo, and annual cash flow totals $11,250/yr on $172,725 capital. ROI tracks 26.57% on current figures, and rental yield reads 10.7% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 139.79% and total cumulative return in cash sums $241,461. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,680/mo property income instead of your personal income.
Multi Family
Built in 1928
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07828, Budd Lake, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,290 (100%) |
| Owner Occupied HU | 3,117 (49.6%) |
| Renter Occupied HU | 2,929 (46.6%) |
| Vacant Housing Units | 244 ( 3.9%) |
| Median Home Value | $530,689 |
| Average Home Value | $558,836 |
Housing Distribution
Address Breakdown
Residential
5,820
Single Family
5,820
Multi-Family
0
Businesses
290
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Listed by: Debra Burke • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3932352
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