4 Amicalola DrHighland LakesNJ07422
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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 Highland Lakes at 4 Amicalola Dr, Highland Lakes, NJ, 07422 listed at $284,900 pairs $2,190/mo rent with a $1,394/mo payment to leave $160/mo cash flow. Total monthly income runs $2,190/mo, and annual cash flow reaches $1,917/yr on $94,444 cash to close. Return on cash invested measures 21.94% in year one, and rental yield registers 9.22% at a $284,900 basis. Equity gained on principal adds $1,838/yr, and annual property appreciation at 5% supports $78,713 by year five. Five-year ROI tracks 114.96% and total cumulative return in cash totals $108,575. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,190/mo property income relative to a $1,394/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07422, Highland Lakes, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,128 (100%) |
| Owner Occupied HU | 2,421 (77.4%) |
| Renter Occupied HU | 203 ( 6.5%) |
| Vacant Housing Units | 504 (16.1%) |
| Median Home Value | $375,528 |
| Average Home Value | $471,784 |
Housing Distribution
Address Breakdown
Residential
2,715
Single Family
2,715
Multi-Family
0
Businesses
60
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Listed by: Susan Wadleigh • Exit Classic Realty
Mls Name: GSMLS
Mls ID: #3961064