35 4th StreetHighlandsNJ07732
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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 Highlands at 35 4th Street, Highlands, NJ, 07732 uses $164,093 cash to close to unlock $18,342/yr annual cash flow and $1,529/mo monthly cash flow. Total monthly income runs $5,057/mo, and a $2,423/mo payment keeps the spread at $1,529/mo. Purchase price stands at $495,000, and rental yield measures 12.26% with $5,057/mo rent. Return on cash invested shows 31.09% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 164.02% and total cumulative return in cash records $269,146. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,057/mo property income covering a $2,423/mo payment rather than investor’s personal income.
Multi Family
Built in 1933
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07732, Highlands, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,931 (100%) |
| Owner Occupied HU | 1,483 (50.6%) |
| Renter Occupied HU | 950 (32.4%) |
| Vacant Housing Units | 498 (17.0%) |
| Median Home Value | $609,888 |
| Average Home Value | $671,645 |
Housing Distribution
Address Breakdown
Residential
2,694
Single Family
2,306
Multi-Family
388
Businesses
128
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Listed by: Michael V Puccio • RE/MAX Central
Mls Name: MoreMLS
Mls ID: #22527239