213 Brookside LnHillsboroughNJ08844
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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 Hillsborough at 213 Brookside Ln, Hillsborough, NJ, 08844 priced at $475,000 converts $3,056/mo rent into after a $2,325/mo obligation. Total monthly income equals $3,056/mo. Return on cash invested prints 17.4% in year one, and rental yield reads 7.72% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 90.62% and total cumulative return in cash sums $142,687. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,056/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Townhouse
Built in 1976
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08844, Hillsborough, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,763 (100%) |
| Owner Occupied HU | 12,465 (74.4%) |
| Renter Occupied HU | 3,569 (21.3%) |
| Vacant Housing Units | 729 ( 4.3%) |
| Median Home Value | $604,614 |
| Average Home Value | $650,014 |
Housing Distribution
Address Breakdown
Residential
16,156
Single Family
15,751
Multi-Family
405
Businesses
1,281
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Listed by: Joanne Liscovitz • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3986968