40 Hillandale DrFar HillsNJ07931
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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
Rental property for sale in Far Hills at 40 Hillandale Dr, Far Hills, NJ, 07931 priced at $1,352,832 pairs $5,051/mo rent with after a $6,621/mo payment. Total monthly income equals $5,051/mo. Return on cash invested is 7.8% in year one, and rental yield stands at 4.48% on a $1,352,832 basis. Equity gained on principal adds $8,730/yr, and 5% annual appreciation accumulates to $373,763 by year five. Five-year ROI measures 39.07% and total cumulative return in cash reaches $171,246. For financing, Ziffy Mortgage’s DSCR program evaluates $5,051/mo property income against a $6,621/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07931, Far Hills, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,490 (100%) |
| Owner Occupied HU | 1,156 (77.6%) |
| Renter Occupied HU | 203 (13.6%) |
| Vacant Housing Units | 131 ( 8.8%) |
| Median Home Value | $1,047,619 |
| Average Home Value | $1,202,206 |
Housing Distribution
Address Breakdown
Residential
1,139
Single Family
1,139
Multi-Family
0
Businesses
152
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Listed by: N/A • K Hovnanian Homes
Mls Name: K. Hovnanian Companies, LLC
Mls Provider:
Mls ID: #N/A