120 Mountainside Rd, Mendham, NJ, 07945 | Equity Gain $5,130/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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120 Mountainside Rd, Mendham, NJ, 07945 | Equity Gain $5,130/yr | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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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

More details about the property

Welcome to this Surprisingly Spacious, Three Bedroom home on a Beautiful and Peaceful 2 Acre Property in Mendham Borough. This stylish home is move in ready. With Freshly Painted Interior, Gleaming Hardwood Floors throughout and Stunning Views from every window. The Grand Entry way of this Split Level Gem leads to the Living Room with Vaulted Ceiling, Large Picture Window to Front and Dining Area. Through the Kitchen with Newer Appliances. Downstairs to large Bonus/ Family Room with French Doors onto 40x40 Stone Patio with Fire Pit, Outdoor Lighting and Never Ending Views. Modern Powder Room, Laundry, Mudroom and Storage complete this area. Upstairs to 3 good sized Bedrooms and Hall Bath. Upgrades include a Custom Wood Picket Fence and Gates (2021), Newer 4-BR Septic System (2020) offering expansion potential, Anderson windows (2020), and modern appliances, including a Washer, Dryer, Stove, and Dishwasher (2024). The home also features 200-amp electrical. The sq. footage does not include the spacious lower level. Located in sought-after Mendham, this home is surrounded by award-winning schools, a charming downtown area, parks, and the renowned Patriot's Path.The property is being sold as-is, presenting an opportunity to create your dream home with endless upscale potential.

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