34 Genoble RdMontvilleNJ07045
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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
Rental property for sale in Montville at 34 Genoble Rd, Montville, NJ, 07045 offers $4,064/mo rent that, after a $2,275/mo payment, leaves $751/mo cash flow. Total monthly income is $4,064/mo, and annual cash flow is $9,009/yr on $154,114 cash. Return on cash invested measures 25.75% in year one, and rental yield stands at 10.49% at a $464,900 entry. Equity gained on principal adds $3,000/yr while 5% annual appreciation compounds into $128,443 by year five. Five-year ROI records 135.42% and total cumulative return in cash reaches $208,696. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,064/mo property income versus a $2,275/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1990
4,356 sqft 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 De Luccia • C-21 Cedarcrest Realty
Mls Name: GSMLS
Mls ID: #3987750