14 Hilltop Terrace #BHighlandsNJ07732
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Highlands at 14 Hilltop Terrace #B, Highlands, NJ, 07732 at $315,000 posts ROI 26.17% with $545/mo cash flow from $2,790/mo rent. Total monthly income equals $2,790/mo, and annual cash flow records $6,534/yr on $104,423 to close. Return on cash invested measures 26.17% and rental yield reads 10.63% at the current $315,000. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 by year five. Five-year ROI prints 137.65% and total cumulative return in cash totals $143,741.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,790/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1978
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07732, Highlands, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,931 (100%) |
| Owner Occupied HU | 1,483 (50.6%) |
| Renter Occupied HU | 950 (32.4%) |
| Vacant Housing Units | 498 (17.0%) |
| Median Home Value | $609,888 |
| Average Home Value | $671,645 |
Housing Distribution
Address Breakdown
Residential
2,694
Single Family
2,306
Multi-Family
388
Businesses
128
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristen Pierson Jones • O'Brien Realty, LLC
Mls Name: MoreMLS
Mls ID: #22603305