2 Morgan CtMontvaleNJ07645
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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 Montvale at 2 Morgan Ct, Montvale, NJ, 07645 earns from $7,258/mo rent with a $5,723/mo payment. Total monthly income totals $7,258/mo. ROI tracks 16.96% on current figures, and rental yield reads 7.45% at a $1,169,200 purchase. Equity gained on principal adds $7,545/yr, and 5% annual appreciation supports $323,028 over five years. Five-year ROI reaches 88.19% and total cumulative return in cash sums $334,093. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,258/mo property income instead of your personal income.
Single Family
Built in 1983
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07645, Montvale, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,533 (100%) |
| Owner Occupied HU | 2,621 (74.2%) |
| Renter Occupied HU | 801 (22.7%) |
| Vacant Housing Units | 111 ( 3.1%) |
| Median Home Value | $749,662 |
| Average Home Value | $804,210 |
Housing Distribution
Address Breakdown
Residential
3,807
Single Family
3,611
Multi-Family
196
Businesses
532
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Listed by: N/A • N/A
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