175 Highland Lakes RdHighland LakesNJ07422
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Highland Lakes at 175 Highland Lakes Rd, Highland Lakes, NJ, 07422 at $425,000 posts ROI 22.22% with $271/mo cash flow from $3,300/mo rent. Total monthly income equals $3,300/mo, and annual cash flow records $3,250/yr on $140,888 to close. Return on cash invested measures 22.22% and rental yield reads 9.32% at the current $425,000. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 by year five. Five-year ROI prints 116.44% and total cumulative return in cash totals $164,045.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,300/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1968
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07422, Highland Lakes, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,128 (100%) |
| Owner Occupied HU | 2,421 (77.4%) |
| Renter Occupied HU | 203 ( 6.5%) |
| Vacant Housing Units | 504 (16.1%) |
| Median Home Value | $375,528 |
| Average Home Value | $471,784 |
Housing Distribution
Address Breakdown
Residential
2,715
Single Family
2,715
Multi-Family
0
Businesses
60
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Nearby investment properties with comparable prices
Listed by: Julia Gaffney • Keller Williams Prosperity Realty
Mls Name: GSMLS
Mls ID: #4001062