22 Saddle Hill RdMendhamNJ07931
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mendham at 22 Saddle Hill Rd, Mendham, NJ, 07931 offers $4,675/mo rent that, after a $6,847/mo payment. Total monthly income is $4,675/mo. Return on cash invested measures 6.35% in year one, and rental yield stands at 4.01% at a $1,399,000 entry. Equity gained on principal adds $9,028/yr while 5% annual appreciation compounds into $386,518 by year five. Five-year ROI records 31.29% and total cumulative return in cash reaches $141,809. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,675/mo property income versus a $6,847/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
5.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07931, Far Hills, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,490 (100%) |
| Owner Occupied HU | 1,156 (77.6%) |
| Renter Occupied HU | 203 (13.6%) |
| Vacant Housing Units | 131 ( 8.8%) |
| Median Home Value | $1,047,619 |
| Average Home Value | $1,202,206 |
Housing Distribution
Address Breakdown
Residential
1,139
Single Family
1,139
Multi-Family
0
Businesses
152
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Listed by: Diane Tolley • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3970931