31 Highland AveStanhopeNJ07874
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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 Stanhope at 31 Highland Ave, Stanhope, NJ, 07874 priced at $437,000 pairs $3,677/mo rent with $562/mo cash flow after a $2,139/mo payment. Total monthly income equals $3,677/mo, and annual cash flow comes to $6,744/yr on $144,866 invested. Return on cash invested is 24.56% in year one, and rental yield stands at 10.1% on a $437,000 basis. Equity gained on principal adds $2,820/yr, and 5% annual appreciation accumulates to $120,735 by year five. Five-year ROI measures 129.07% and total cumulative return in cash reaches $186,976. For financing, Ziffy Mortgage’s DSCR program evaluates $3,677/mo property income against a $2,139/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
10,018 sqft lot
$N/A/sqft
No HOA
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Listed by: David Hayes • Re/Max Select
Mls Name: GSMLS
Mls ID: #3999941