16 Macleay RdMontvilleNJ07045
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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
Investment property for sale in Montville at 16 Macleay Rd, Montville, NJ, 07045 offers a 5.49% rental yield on a $828,000 purchase with $3,788/mo rent. 75% in year one. Equity gained on principal adds $5,343/yr while 5% annual appreciation supports $228,761 over five years. Portfolio math shows five-year ROI at 54.92% and total cumulative return in cash at $149,606. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,788/mo property income against a $4,053/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07045, Montville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,141 (100%) |
| Owner Occupied HU | 3,682 (88.9%) |
| Renter Occupied HU | 279 ( 6.7%) |
| Vacant Housing Units | 180 ( 4.3%) |
| Median Home Value | $758,258 |
| Average Home Value | $794,595 |
Housing Distribution
Address Breakdown
Residential
3,909
Single Family
3,909
Multi-Family
0
Businesses
354
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Listed by: Richard F Heim • Heim Realty,llc
Mls Name: GSMLS
Mls ID: #3982920