34 Genoble Rd #34MontvilleNJ07045
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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
Investment property for sale in Montville at 34 Genoble Rd #34, Montville, NJ, 07045 uses $154,114 cash to close to unlock $9,009/yr annual cash flow and $751/mo monthly cash flow. Total monthly income runs $4,064/mo, and a $2,275/mo payment keeps the spread at $751/mo. Purchase price stands at $464,900, and rental yield measures 10.49% with $4,064/mo rent. Return on cash invested shows 25.75% in year one, and 5% annual appreciation builds toward $128,443 over five years. Five-year ROI reaches 135.42% and total cumulative return in cash records $208,696. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,064/mo property income covering a $2,275/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07045, Montville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,141 (100%) |
| Owner Occupied HU | 3,682 (88.9%) |
| Renter Occupied HU | 279 ( 6.7%) |
| Vacant Housing Units | 180 ( 4.3%) |
| Median Home Value | $758,258 |
| Average Home Value | $794,595 |
Housing Distribution
Address Breakdown
Residential
3,909
Single Family
3,909
Multi-Family
0
Businesses
354
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Listed by: Lynn DeLuccia • Century 21 Cedarcrest Realty, Inc.
Mls Name: NJMLS
Mls ID: #25033656