16 Tall Oaks LnBudd LakeNJ07828
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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
Total monthly income runs $4,381/mo, and a $3,328/mo payment. Purchase price stands at $679,900, and rental yield measures 7.73% with $4,381/mo rent. Return on cash invested shows 17.56% in year one, and 5% annual appreciation builds toward $187,844 over five years. Five-year ROI reaches 91.47% and total cumulative return in cash records $204,605. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,381/mo property income covering a $3,328/mo payment rather than investor’s personal income.
Single Family
Built in 1998
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07828, Budd Lake, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,290 (100%) |
| Owner Occupied HU | 3,117 (49.6%) |
| Renter Occupied HU | 2,929 (46.6%) |
| Vacant Housing Units | 244 ( 3.9%) |
| Median Home Value | $530,689 |
| Average Home Value | $558,836 |
Housing Distribution
Address Breakdown
Residential
5,820
Single Family
5,820
Multi-Family
0
Businesses
290
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Listed by: Karen Mcnulty • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4007710