29 Quenby Mountain RdGreat MeadowsNJ07838
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Great Meadows rental at 29 Quenby Mountain Rd, Great Meadows, NJ, 07838 sits in the solid-income band: 9.42% gross yield, $4,162/mo rent, $385/mo net after the $2,383/mo debt service, DSCR 1.75. Entry price of $529,900 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $146,402 and $4,880/yr in principal reduction bring total cumulative return to $227,861.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $385 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,162 |
| Total Monthly Debt Service | $3,566 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2001
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07838, Great Meadows, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,316 (100%) |
| Owner Occupied HU | 1,049 (79.7%) |
| Renter Occupied HU | 175 (13.3%) |
| Vacant Housing Units | 92 ( 7.0%) |
| Median Home Value | $452,429 |
| Average Home Value | $501,930 |
Housing Distribution
Address Breakdown
Residential
1,245
Single Family
1,245
Multi-Family
0
Businesses
99
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
Single Family
Built in 2001
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07838, Great Meadows, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,316 (100%) |
| Owner Occupied HU | 1,049 (79.7%) |
| Renter Occupied HU | 175 (13.3%) |
| Vacant Housing Units | 92 ( 7.0%) |
| Median Home Value | $452,429 |
| Average Home Value | $501,930 |
Housing Distribution
Address Breakdown
Residential
1,245
Single Family
1,245
Multi-Family
0
Businesses
99
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: GSMLS
Mls Provider:
Mls ID: #4047235