17 Higginsville LnMount RoyalNJ08061
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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 Mount Royal at 17 Higginsville Ln, Mount Royal, NJ, 08061 offers a 7.94% rental yield on a $279,000 purchase with $1,847/mo rent. 07% in year one. Equity gained on principal adds $1,800/yr while 5% annual appreciation supports $77,083 over five years. Portfolio math shows five-year ROI at 94.19% and total cumulative return in cash at $87,115. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,847/mo property income against a $1,366/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1911
6,164 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: Alan Hack • NJ Realty Pros
Mls Name: Bright MLS
Mls ID: #NJGL2064728