123-A Hemlock HillMontagueNJ07827
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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
Investment Highlights
Rental property for sale in Montague at 123-A Hemlock Hill, Montague, NJ, 07827 generates $2,730/mo in rent and, after a $974/mo payment, leaves $1,312/mo in cash flow. Total monthly income is $2,730/mo, and annual cash flow is $15,739/yr on $65,969 invested. Return on cash invested sits at 43.77% in year one, and rental yield is 16.46% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 232.05% and total cumulative return in cash sums $153,078. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,730/mo property income rather than buyer’s personal income.
Townhouse
Built in 1970
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07827, Montague, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,061 (100%) |
| Owner Occupied HU | 1,390 (67.4%) |
| Renter Occupied HU | 390 (18.9%) |
| Vacant Housing Units | 281 (13.6%) |
| Median Home Value | $354,938 |
| Average Home Value | $401,496 |
Housing Distribution
Address Breakdown
Residential
1,216
Single Family
1,216
Multi-Family
0
Businesses
90
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Listed by: Joan Lagreca • Realty Executives Exceptional
Mls Name: GSMLS
Mls ID: #3977078