32 Wexford DrMendhamNJ07945
Nearby investment properties with comparable rents
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 Mendham at 32 Wexford Dr, Mendham, NJ, 07945 at $699,000 posts ROI 24.68% with $886/mo cash flow from $5,868/mo rent. Total monthly income equals $5,868/mo, and annual cash flow records $10,631/yr on $229,971 to close. Return on cash invested measures 24.68% and rental yield reads 10.07% at the current $699,000. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 by year five. Five-year ROI prints 129.64% and total cumulative return in cash totals $298,142.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,868/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1979
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07945, Mendham, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,570 (100%) |
| Owner Occupied HU | 3,022 (84.6%) |
| Renter Occupied HU | 378 (10.6%) |
| Vacant Housing Units | 170 ( 4.8%) |
| Median Home Value | $924,874 |
| Average Home Value | $1,061,027 |
Housing Distribution
Address Breakdown
Residential
3,332
Single Family
3,293
Multi-Family
39
Businesses
261
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia Longo • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3982747