13 Crestmont 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 13 Crestmont Dr, Hillsborough, NJ, 08844 priced at $859,000 converts $4,920/mo rent into after a $4,204/mo obligation. Total monthly income equals $4,920/mo. Return on cash invested prints 14.95% in year one, and rental yield reads 6.87% against a $859,000 entry. Equity gained on principal adds $5,543/yr, while 5% annual appreciation compiles into $237,326 by year five. Five-year ROI reaches 77.48% and total cumulative return in cash sums $218,967. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,920/mo property income covering a $4,204/mo payment, not borrower’s personal income.
Single Family
Built in 1990
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: DIANA STECCATO SERAFINI • NORTH POINT REALTY GROUP
Mls Name: All Jersey MLS
Mls ID: #2609507R