20 Mulford Court UNIT 25RoselandNJ07068
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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
Rental property for sale in Roseland at 20 Mulford Court UNIT 25, Roseland, NJ, 07068 offers $4,068/mo rent that, after a $563/mo payment, leaves $2,998/mo cash flow. Total monthly income is $4,068/mo, and annual cash flow is $35,978/yr on $38,123 cash. Return on cash invested measures 114.28% in year one, and rental yield stands at 42.45% at a $115,000 entry. Equity gained on principal adds $742/yr while 5% annual appreciation compounds into $31,772 by year five. Five-year ROI records 613.11% and total cumulative return in cash reaches $233,733. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,068/mo property income versus a $563/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1995
435.60 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07068, Roseland, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,599 (100%) |
| Owner Occupied HU | 1,986 (76.4%) |
| Renter Occupied HU | 554 (21.3%) |
| Vacant Housing Units | 59 ( 2.3%) |
| Median Home Value | $717,544 |
| Average Home Value | $725,034 |
Housing Distribution
Address Breakdown
Residential
2,603
Single Family
2,602
Multi-Family
1
Businesses
440
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Listed by: Rachel Mermelstein • HomeSmart First Advantage
Mls Name: MOMLS
Mls Provider:
Mls ID: #22431403
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.