334 Mendham Rd WMendhamNJ07945
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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 Mendham at 334 Mendham Rd W, Mendham, NJ, 07945 priced at $1,250,000 converts $4,542/mo rent into after a $6,118/mo obligation. Total monthly income equals $4,542/mo. Return on cash invested prints 7.43% in year one, and rental yield reads 4.36% against a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation compiles into $345,352 by year five. Five-year ROI reaches 37.08% and total cumulative return in cash sums $150,193. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,542/mo property income covering a $6,118/mo payment, not borrower’s personal income.
Single Family
Built in 1968
2 Acres 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
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Listed by: N/A • N/A
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