260 Route46Budd LakeNJ07828
Nearby investment properties with comparable rents
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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 Budd Lake at 260 Route46, Budd Lake, NJ, 07828 uses $82,544 cash to close to unlock $1,007/yr annual cash flow and $84/mo monthly cash flow. Total monthly income runs $1,859/mo, and a $1,219/mo payment keeps the spread at $84/mo. Purchase price stands at $249,000, and rental yield measures 8.96% with $1,859/mo rent. Return on cash invested shows 21.13% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 110.6% and total cumulative return in cash records $91,292. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,859/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Single Family
Built in 1040
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07828, Budd Lake, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,290 (100%) |
| Owner Occupied HU | 3,117 (49.6%) |
| Renter Occupied HU | 2,929 (46.6%) |
| Vacant Housing Units | 244 ( 3.9%) |
| Median Home Value | $530,689 |
| Average Home Value | $558,836 |
Housing Distribution
Address Breakdown
Residential
5,820
Single Family
5,820
Multi-Family
0
Businesses
290
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Listed by: Tammy King • Prominent Properties Sir
Mls Name: GSMLS
Mls Provider:
Mls ID: #3958132
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