159 Acorn DrMount RoyalNJ08061
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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
Rental property for sale in Mount Royal at 159 Acorn Dr, Mount Royal, NJ, 08061 priced at $389,000 pairs $3,700/mo rent with $927/mo cash flow after a $1,904/mo payment. Total monthly income equals $3,700/mo, and annual cash flow comes to $11,127/yr on $128,954 invested. Return on cash invested is 28.54% in year one, and rental yield stands at 11.41% on a $389,000 basis. Equity gained on principal adds $2,510/yr, and 5% annual appreciation accumulates to $107,474 by year five. Five-year ROI measures 150.37% and total cumulative return in cash reaches $193,902. For financing, Ziffy Mortgage’s DSCR program evaluates $3,700/mo property income against a $1,904/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2006
1,958 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08061, Mount Royal, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,380 (100%) |
| Owner Occupied HU | 1,208 (87.5%) |
| Renter Occupied HU | 143 (10.4%) |
| Vacant Housing Units | 29 ( 2.1%) |
| Median Home Value | $412,945 |
| Average Home Value | $444,298 |
Housing Distribution
Address Breakdown
Residential
1,203
Single Family
1,203
Multi-Family
0
Businesses
30
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Listed by: Adam Bello • Keller Williams Realty - Washington Township
Mls Name: Bright MLS
Mls ID: #NJGL2068714