203 Welsh Pl, Morris Plains, NJ, 07950 | 8.44% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Morris Plains at 203 Welsh Pl, Morris Plains, NJ, 07950 with 5% annual appreciation on a $575,000 basis while $4,044/mo rent supports operations. 72% in year one. Equity gained on principal adds $3,710/yr, and five-year appreciation sums $158,862 alongside rental yield of 8.44%. Five-year ROI measures 103.02% and total cumulative return in cash totals $194,891. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,044/mo property income versus a $2,814/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Townhouse

Built in 2012

1.42 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 07950, Morris Plains, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,711 (100%)
Owner Occupied HU	6,123 (70.3%)
Renter Occupied HU	2,342 (26.9%)
Vacant Housing Units	246 ( 2.8%)
Median Home Value	$634,438
Average Home Value	$657,576