34 Hillandale Dr UNIT 401MendhamNJ07945
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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 34 Hillandale Dr UNIT 401, Mendham, NJ, 07945 generates $0/mo in rent, after a $7,528/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -8.58% in year one, and rental yield is 0% on a $1,538,054 entry. Equity gained on principal adds $9,925/yr, while 5% annual appreciation builds toward $424,936 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Townhouse
Built in 2023
N/A lot
$N/A/sqft
$1,059 monthly 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
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Liane Dobson • Kl Sotheby's Int'l. Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3931226
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