18 Old Army RdBernardsvilleNJ07924
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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 Bernardsville at 18 Old Army Rd, Bernardsville, NJ, 07924 earns from $3,960/mo rent with a $5,374/mo payment. Total monthly income totals $3,960/mo. ROI tracks 7.33% on current figures, and rental yield reads 4.33% at a $1,098,000 purchase. Equity gained on principal adds $7,085/yr, and 5% annual appreciation supports $303,357 over five years. Five-year ROI reaches 36.54% and total cumulative return in cash sums $130,000. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,960/mo property income instead of your personal income.
Single Family
Built in 1927
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07924, Bernardsville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,883 (100%) |
| Owner Occupied HU | 2,286 (79.3%) |
| Renter Occupied HU | 446 (15.5%) |
| Vacant Housing Units | 151 ( 5.2%) |
| Median Home Value | $868,827 |
| Average Home Value | $990,857 |
Housing Distribution
Address Breakdown
Residential
2,738
Single Family
2,699
Multi-Family
39
Businesses
434
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Listed by: Melissa Reynolds • Keller Williams Towne Square Real
Mls Name: GSMLS
Mls ID: #3985185