32 Mayflower DrBasking RidgeNJ07920
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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 Basking Ridge at 32 Mayflower Dr, Basking Ridge, NJ, 07920 priced at $839,000 pairs $5,695/mo rent with after a $4,106/mo payment. Total monthly income equals $5,695/mo. Return on cash invested is 18.82% in year one, and rental yield stands at 8.15% on a $839,000 basis. Equity gained on principal adds $5,414/yr, and 5% annual appreciation accumulates to $231,800 by year five. Five-year ROI measures 98.23% and total cumulative return in cash reaches $271,140. For financing, Ziffy Mortgage’s DSCR program evaluates $5,695/mo property income against a $4,106/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07920, Basking Ridge, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,074 (100%) |
| Owner Occupied HU | 8,740 (78.9%) |
| Renter Occupied HU | 1,861 (16.8%) |
| Vacant Housing Units | 473 ( 4.3%) |
| Median Home Value | $874,651 |
| Average Home Value | $959,629 |
Housing Distribution
Address Breakdown
Residential
10,857
Single Family
10,296
Multi-Family
561
Businesses
492
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Listed by: Jing Ning • Realmart Realty
Mls Name: GSMLS
Mls ID: #3999476