3 Dana PlBernardsvilleNJ07924
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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
Total monthly income runs $3,960/mo, and a $5,771/mo payment. Purchase price stands at $1,179,000, and rental yield measures 4.03% with $3,960/mo rent. Return on cash invested shows 6.41% in year one, and 5% annual appreciation builds toward $325,736 over five years. Five-year ROI reaches 31.61% and total cumulative return in cash records $120,750. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,960/mo property income covering a $5,771/mo payment rather than investor’s personal income.
Single Family
Built in 1966
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07924, Bernardsville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,883 (100%) |
| Owner Occupied HU | 2,286 (79.3%) |
| Renter Occupied HU | 446 (15.5%) |
| Vacant Housing Units | 151 ( 5.2%) |
| Median Home Value | $868,827 |
| Average Home Value | $990,857 |
Housing Distribution
Address Breakdown
Residential
2,738
Single Family
2,699
Multi-Family
39
Businesses
434
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Listed by: Jill Cannan • Keller Williams Towne Square Real
Mls Name: GSMLS
Mls ID: #3988558