15 Canterbury CtMendhamNJ07945
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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 Mendham at 15 Canterbury Ct, Mendham, NJ, 07945 priced at $1,440,000 pairs $0/mo rent with after a $7,048/mo payment. Total monthly income equals $0/mo. Return on cash invested is -8.08% in year one, and rental yield stands at 0% on a $1,440,000 basis. Equity gained on principal adds $9,292/yr, and 5% annual appreciation accumulates to $397,845 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $7,048/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
1.92 Acres lot
$N/A/sqft
$850 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07945, Mendham, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,570 (100%) |
| Owner Occupied HU | 3,022 (84.6%) |
| Renter Occupied HU | 378 (10.6%) |
| Vacant Housing Units | 170 ( 4.8%) |
| Median Home Value | $924,874 |
| Average Home Value | $1,061,027 |
Housing Distribution
Address Breakdown
Residential
3,332
Single Family
3,293
Multi-Family
39
Businesses
261
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Holly Suminski • Turpin Real Estate, Inc.
Mls Name: GSMLS
Mls Provider:
Mls ID: #3913262
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