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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Denville at 351 FRANKLIN ROAD, Denville, NJ, 07834 generates $3,420/mo in rent, after a $3,671/mo payment. Total monthly income is $3,420/mo. Return on cash invested sits at 10.69% in year one, and rental yield is 5.47% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 54.63% and total cumulative return in cash sums $134,802. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,420/mo property income rather than buyer’s personal income.
Single Family
Built in 1946
1.54 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07834, Denville, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,165 (100%) |
| Owner Occupied HU | 5,802 (81.0%) |
| Renter Occupied HU | 1,043 (14.6%) |
| Vacant Housing Units | 320 ( 4.5%) |
| Median Home Value | $623,100 |
| Average Home Value | $672,428 |
Residential
7,081
Single Family
6,709
Multi-Family
372
Businesses
905
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mary K. Sheeran • Keller Williams Metropolitan
Mls Name: GSMLS
Mls ID: #3999992
