28 Coquette LaneHighlandsNJ07732
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 Highlands at 28 Coquette Lane, Highlands, NJ, 07732 offers $7,488/mo rent that, after a $9,788/mo payment. Total monthly income is $7,488/mo. Return on cash invested measures 6.69% in year one, and rental yield stands at 4.49% at a $1,999,895 entry. Equity gained on principal adds $12,905/yr while 5% annual appreciation compounds into $552,534 by year five. Five-year ROI records 33.55% and total cumulative return in cash reaches $217,414. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,488/mo property income versus a $9,788/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1908
1.50 Acres lot
$N/A/sqft
$7,415 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07732, Highlands, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,931 (100%) |
| Owner Occupied HU | 1,483 (50.6%) |
| Renter Occupied HU | 950 (32.4%) |
| Vacant Housing Units | 498 (17.0%) |
| Median Home Value | $609,888 |
| Average Home Value | $671,645 |
Housing Distribution
Address Breakdown
Residential
2,694
Single Family
2,306
Multi-Family
388
Businesses
128
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Listed by: Michael A Milano • Diane Turton, Realtors-Rumson
Mls Name: MOMLS
Mls Provider:
Mls ID: #22422950
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.