12 Weetucket RdDenvilleNJ07834
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
Rental property for sale in Denville at 12 Weetucket Rd, Denville, NJ, 07834 priced at $437,000 converts $3,306/mo rent into $191/mo cash flow after a $2,139/mo obligation. Total monthly income equals $3,306/mo, and annual cash flow totals $2,292/yr on $144,866 invested. Return on cash invested prints 21.49% in year one, and rental yield reads 9.08% against a $437,000 entry. Equity gained on principal adds $2,820/yr, while 5% annual appreciation compiles into $120,735 by year five. Five-year ROI reaches 112.58% and total cumulative return in cash sums $163,096. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,306/mo property income covering a $2,139/mo payment, not borrower’s personal income.
Single Family
Built in 1954
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07834, Denville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,165 (100%) |
| Owner Occupied HU | 5,802 (81.0%) |
| Renter Occupied HU | 1,043 (14.6%) |
| Vacant Housing Units | 320 ( 4.5%) |
| Median Home Value | $623,100 |
| Average Home Value | $672,428 |
Housing Distribution
Address Breakdown
Residential
7,081
Single Family
6,709
Multi-Family
372
Businesses
905
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Peluso • Re/Max Town & Valley Ii
Mls Name: GSMLS
Mls ID: #3984065