3301 Astor CloseHillsboroughNJ08844
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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 Hillsborough at 3301 Astor Close, Hillsborough, NJ, 08844 generates $3,360/mo in rent and, after a $2,144/mo payment, leaves $238/mo in cash flow. Total monthly income is $3,360/mo, and annual cash flow is $2,854/yr on $145,197 invested. Return on cash invested sits at 21.87% in year one, and rental yield is 9.21% on a $438,000 entry. Equity gained on principal adds $2,826/yr, while 5% annual appreciation builds toward $121,011 over five years. Five-year ROI reaches 114.61% and total cumulative return in cash sums $166,410. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,360/mo property income rather than buyer’s personal income.
Townhouse
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08844, Hillsborough, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,763 (100%) |
| Owner Occupied HU | 12,465 (74.4%) |
| Renter Occupied HU | 3,569 (21.3%) |
| Vacant Housing Units | 729 ( 4.3%) |
| Median Home Value | $604,614 |
| Average Home Value | $650,014 |
Housing Distribution
Address Breakdown
Residential
16,156
Single Family
15,751
Multi-Family
405
Businesses
1,281
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Listed by: Bernadeta Godek • Nj Solutions Realty
Mls Name: GSMLS
Mls ID: #3988040