16 Durst DrMilltownNJ08850
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 Milltown at 16 Durst Dr, Milltown, NJ, 08850 at $629,900 posts ROI 22.89% with $488/mo cash flow from $4,978/mo rent. Total monthly income equals $4,978/mo, and annual cash flow records $5,859/yr on $207,237 to close. Return on cash invested measures 22.89% and rental yield reads 9.48% at the current $629,900. Equity gained on principal adds $4,065/yr, and 5% annual appreciation supports $174,030 by year five. Five-year ROI prints 120.03% and total cumulative return in cash totals $248,751.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,978/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1967
9,644 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08850, Milltown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,156 (100%) |
| Owner Occupied HU | 2,631 (83.4%) |
| Renter Occupied HU | 421 (13.3%) |
| Vacant Housing Units | 104 ( 3.3%) |
| Median Home Value | $495,554 |
| Average Home Value | $546,309 |
Housing Distribution
Address Breakdown
Residential
3,158
Single Family
3,146
Multi-Family
12
Businesses
314
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Frank Calandruccio • RE/MAX COUNTRY
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2504443R
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC All rights reserved The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.