19 Savage Rd #U19-C-3DenvilleNJ07834
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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 Denville at 19 Savage Rd #U19-C-3, Denville, NJ, 07834 uses $91,163 cash to close to unlock $17,518/yr annual cash flow and $1,460/mo monthly cash flow. Total monthly income runs $3,420/mo, and a $1,346/mo payment keeps the spread at $1,460/mo. Purchase price stands at $275,000, and rental yield measures 14.92% with $3,420/mo rent. Return on cash invested shows 39.13% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 207.14% and total cumulative return in cash records $188,831. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,420/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07834, Denville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,165 (100%) |
| Owner Occupied HU | 5,802 (81.0%) |
| Renter Occupied HU | 1,043 (14.6%) |
| Vacant Housing Units | 320 ( 4.5%) |
| Median Home Value | $623,100 |
| Average Home Value | $672,428 |
Housing Distribution
Address Breakdown
Residential
7,081
Single Family
6,709
Multi-Family
372
Businesses
905
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Listed by: Mary Ryder • Keller Williams Realty - NJ Metro Group
Mls Name: NJMLS
Mls ID: #25036166