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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% |
Investment property for sale in Denville at 3601 Scenic Ct UNIT 01, Denville, NJ, 07834 uses $137,539 cash to close to unlock $809/yr annual cash flow and $67/mo monthly cash flow. Total monthly income runs $3,420/mo, and a $2,031/mo payment keeps the spread at $67/mo. Purchase price stands at $414,900, and rental yield measures 9.89% with $3,420/mo rent. Return on cash invested shows 20.5% in year one, and 5% annual appreciation builds toward $114,629 over five years. Five-year ROI reaches 108.5% and total cumulative return in cash records $149,234. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,420/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
$395 monthly 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 |
|---|---|---|
| 2024-08-11 | Price change | $414,900 |
| 2024-07-29 | Listed for sale | $424,900 |
| 2024-07-21 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lawrence Brush • William Lawrence Agency
Mls Name: GSMLS
Mls Provider:
Mls ID: #3912798
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
