2308 Middlefield CtDenvilleNJ07834
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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 Denville at 2308 Middlefield Ct, Denville, NJ, 07834 earns from $4,080/mo rent with a $2,995/mo payment. Total monthly income totals $4,080/mo. ROI tracks 18.38% on current figures, and rental yield reads 8% at a $612,000 purchase. Equity gained on principal adds $3,949/yr, and 5% annual appreciation supports $169,084 over five years. Five-year ROI reaches 95.88% and total cumulative return in cash sums $193,043. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,080/mo property income instead of your personal income.
Single Family
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07834, Denville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,165 (100%) |
| Owner Occupied HU | 5,802 (81.0%) |
| Renter Occupied HU | 1,043 (14.6%) |
| Vacant Housing Units | 320 ( 4.5%) |
| Median Home Value | $623,100 |
| Average Home Value | $672,428 |
Housing Distribution
Address Breakdown
Residential
7,081
Single Family
6,709
Multi-Family
372
Businesses
905
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Listed by: Jennifer Taylor • Compass New Jersey, Llc
Mls Name: GSMLS
Mls Provider:
Mls ID: #3977347
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