4 Tuxford TerraceBasking RidgeNJ07920
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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
Total monthly income runs $5,977/mo, and a $6,338/mo payment. Purchase price stands at $1,295,000, and rental yield measures 5.54% with $5,977/mo rent. Return on cash invested shows 11.07% in year one, and 5% annual appreciation builds toward $357,785 over five years. Five-year ROI reaches 56.58% and total cumulative return in cash records $237,402. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,977/mo property income covering a $6,338/mo payment rather than investor’s personal income.
Single Family
Built in 1969
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07920, Basking Ridge, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,074 (100%) |
| Owner Occupied HU | 8,740 (78.9%) |
| Renter Occupied HU | 1,861 (16.8%) |
| Vacant Housing Units | 473 ( 4.3%) |
| Median Home Value | $874,651 |
| Average Home Value | $959,629 |
Housing Distribution
Address Breakdown
Residential
10,857
Single Family
10,296
Multi-Family
561
Businesses
492
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Listed by: Diane Statile • Prominent Properties Sir
Mls Name: GSMLS
Mls ID: #3983188