164 Mount Grove RdCalifonNJ07830
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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 Califon at 164 Mount Grove Rd, Califon, NJ, 07830 generates $2,438/mo in rent, after a $1,689/mo payment. Total monthly income is $2,438/mo. Return on cash invested sits at 19.68% in year one, and rental yield is 8.48% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 102.88% and total cumulative return in cash sums $117,664. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,438/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07830, Califon, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,849 (100%) |
| Owner Occupied HU | 2,402 (84.3%) |
| Renter Occupied HU | 257 ( 9.0%) |
| Vacant Housing Units | 190 ( 6.7%) |
| Median Home Value | $678,026 |
| Average Home Value | $742,443 |
Housing Distribution
Address Breakdown
Residential
2,451
Single Family
2,451
Multi-Family
0
Businesses
191
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Listed by: N/A • N/A
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