126 Mill Run EHightstownNJ08520
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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
Investment property for sale in Hightstown at 126 Mill Run E, Hightstown, NJ, 08520 earns $36/mo cash flow from $2,672/mo rent with a $1,810/mo payment. Total monthly income totals $2,672/mo, and annual cash flow totals $431/yr on $122,622 capital. ROI tracks 20.26% on current figures, and rental yield reads 8.67% at a $369,900 purchase. Equity gained on principal adds $2,387/yr, and 5% annual appreciation supports $102,197 over five years. Five-year ROI reaches 105.94% and total cumulative return in cash sums $129,910. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,672/mo property income instead of your personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08520, Hightstown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,591 (100%) |
| Owner Occupied HU | 7,394 (63.8%) |
| Renter Occupied HU | 3,694 (31.9%) |
| Vacant Housing Units | 503 ( 4.3%) |
| Median Home Value | $427,988 |
| Average Home Value | $464,908 |
Housing Distribution
Address Breakdown
Residential
10,863
Single Family
10,018
Multi-Family
845
Businesses
786
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Listed by: David Allan • Keller Williams Realty West Monmouth
Mls Name: Bright MLS
Mls ID: #NJME2071374