124 Bluebird DrHillsboroughNJ08844
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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 Hillsborough at 124 Bluebird Dr, Hillsborough, NJ, 08844 priced at $420,000 converts $3,360/mo rent into $366/mo cash flow after a $2,056/mo obligation. Total monthly income equals $3,360/mo, and annual cash flow totals $4,392/yr on $139,230 invested. Return on cash invested prints 23.06% in year one, and rental yield reads 9.6% against a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,038 by year five. Five-year ROI reaches 120.98% and total cumulative return in cash sums $168,439. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,360/mo property income covering a $2,056/mo payment, not borrower’s personal income.
Townhouse
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08844, Hillsborough, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,763 (100%) |
| Owner Occupied HU | 12,465 (74.4%) |
| Renter Occupied HU | 3,569 (21.3%) |
| Vacant Housing Units | 729 ( 4.3%) |
| Median Home Value | $604,614 |
| Average Home Value | $650,014 |
Housing Distribution
Address Breakdown
Residential
16,156
Single Family
15,751
Multi-Family
405
Businesses
1,281
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Listed by: Ronnie Glomb • Your Town Realty
Mls Name: GSMLS
Mls ID: #4005997