21 Forshee Cir #21MontvaleNJ07645
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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 21 Forshee Cir #21, Montvale, NJ, 07645 at $742,000 posts ROI 9.99% with from $3,240/mo rent. Total monthly income equals $3,240/mo. Return on cash invested measures 9.99% and rental yield reads 5.24% at the current $742,000. Equity gained on principal adds $4,788/yr, and 5% annual appreciation supports $205,001 by year five. Five-year ROI prints 50.84% and total cumulative return in cash totals $124,106. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,240/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A 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
Mls Name: Terrie OConnor
Mls ID: #N/A