3 Piney RdMontagueNJ07827
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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
Rental property for sale in Montague at 3 Piney Rd, Montague, NJ, 07827 priced at $270,000 converts $1,924/mo rent into after a $1,322/mo obligation. Total monthly income equals $1,924/mo. Return on cash invested prints 19.9% in year one, and rental yield reads 8.55% against a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,596 by year five. Five-year ROI reaches 103.99% and total cumulative return in cash sums $93,073. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,924/mo property income covering a $1,322/mo payment, not borrower’s personal income.
Single Family
Built in 1970
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07827, Montague, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,061 (100%) |
| Owner Occupied HU | 1,390 (67.4%) |
| Renter Occupied HU | 390 (18.9%) |
| Vacant Housing Units | 281 (13.6%) |
| Median Home Value | $354,938 |
| Average Home Value | $401,496 |
Housing Distribution
Address Breakdown
Residential
1,216
Single Family
1,216
Multi-Family
0
Businesses
90
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Listed by: Olivia Rodriguez • Lifestyle International Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3943105
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