170 New Providence RdMountainsideNJ07092
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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 Mountainside at 170 New Providence Rd, Mountainside, NJ, 07092 listed at $1,159,000 pairs $4,259/mo rent with a $5,673/mo payment. Total monthly income runs $4,259/mo. Return on cash invested measures 7.58% in year one, and rental yield registers 4.41% at a $1,159,000 basis. Equity gained on principal adds $7,479/yr, and annual property appreciation at 5% supports $320,210 by year five. Five-year ROI tracks 37.89% and total cumulative return in cash totals $142,275. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,259/mo property income relative to a $5,673/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07092, Mountainside, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,603 (100%) |
| Owner Occupied HU | 2,319 (89.1%) |
| Renter Occupied HU | 135 ( 5.2%) |
| Vacant Housing Units | 149 ( 5.7%) |
| Median Home Value | $765,240 |
| Average Home Value | $813,788 |
Housing Distribution
Address Breakdown
Residential
2,639
Single Family
2,541
Multi-Family
98
Businesses
386
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Listed by: Matthew Tully • Re/Max Central
Mls Name: GSMLS
Mls ID: #4003019