120 Mountainside RdMendhamNJ07945
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Mendham at 120 Mountainside Rd, Mendham, NJ, 07945 generates $0/mo in rent, after a $3,891/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.94% in year one, and rental yield is 0% on a $795,000 entry. Equity gained on principal adds $5,130/yr, while 5% annual appreciation builds toward $219,644 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07945, Mendham, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,570 (100%) |
| Owner Occupied HU | 3,022 (84.6%) |
| Renter Occupied HU | 378 (10.6%) |
| Vacant Housing Units | 170 ( 4.8%) |
| Median Home Value | $924,874 |
| Average Home Value | $1,061,027 |
Housing Distribution
Address Breakdown
Residential
3,332
Single Family
3,293
Multi-Family
39
Businesses
261
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: David Cadmore • Howard Hanna Rand Realty
Mls Name: GSMLS
Mls ID: #3999423