3 Jared PlBudd LakeNJ07828
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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 3 Jared Pl, Budd Lake, NJ, 07828 offers a 7.73% rental yield on a $949,999 purchase with $6,120/mo rent. 56% in year one. Equity gained on principal adds $6,130/yr while 5% annual appreciation supports $262,467 over five years. Portfolio math shows five-year ROI at 91.45% and total cumulative return in cash at $285,817. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,120/mo property income against a $4,650/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
0.45 Acres 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: Ronny Gutierrez • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3977863