31 Cheyenne DrMontvilleNJ07045
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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
Investment property for sale in Montville at 31 Cheyenne Dr, Montville, NJ, 07045 at $999,999 posts ROI 19.81% with from $7,060/mo rent. Total monthly income equals $7,060/mo. Return on cash invested measures 19.81% and rental yield reads 8.47% at the current $999,999. Equity gained on principal adds $6,453/yr, and 5% annual appreciation supports $276,281 by year five. Five-year ROI prints 103.54% and total cumulative return in cash totals $340,659. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,060/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07045, Montville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,141 (100%) |
| Owner Occupied HU | 3,682 (88.9%) |
| Renter Occupied HU | 279 ( 6.7%) |
| Vacant Housing Units | 180 ( 4.3%) |
| Median Home Value | $758,258 |
| Average Home Value | $794,595 |
Housing Distribution
Address Breakdown
Residential
3,909
Single Family
3,909
Multi-Family
0
Businesses
354
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Listed by: Anne Henderson • Prominent Properties Sir
Mls Name: GSMLS
Mls ID: #4000317