200 Portland Road UNIT A25HighlandsNJ07732
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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 Highlands at 200 Portland Road UNIT A25, Highlands, NJ, 07732 generates $7,020/mo in rent and, after a $4,356/mo payment, leaves $48/mo in cash flow. Total monthly income is $7,020/mo, and annual cash flow is $580/yr on $292,810 invested. Return on cash invested sits at 20.26% in year one, and rental yield is 9.47% on a $890,000 entry. Equity gained on principal adds $5,743/yr, while 5% annual appreciation builds toward $245,891 over five years. Five-year ROI reaches 106.86% and total cumulative return in cash sums $312,904. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,020/mo property income rather than buyer’s personal income.
Condo
Built in 1978
435.60 sqft lot
$N/A/sqft
$628 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07732, Highlands, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,931 (100%) |
| Owner Occupied HU | 1,483 (50.6%) |
| Renter Occupied HU | 950 (32.4%) |
| Vacant Housing Units | 498 (17.0%) |
| Median Home Value | $609,888 |
| Average Home Value | $671,645 |
Housing Distribution
Address Breakdown
Residential
2,694
Single Family
2,306
Multi-Family
388
Businesses
128
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Listed by: Elaine C Certa-Morrison • RE/MAX Elite
Mls Name: MOMLS
Mls Provider:
Mls ID: #22510705
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.