40 Mountain AveMendhamNJ07945
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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 Mendham at 40 Mountain Ave, Mendham, NJ, 07945 generates $5,270/mo in rent and, after a $2,937/mo payment, leaves $993/mo in cash flow. Total monthly income is $5,270/mo, and annual cash flow is $11,916/yr on $197,400 invested. Return on cash invested sits at 26.1% in year one, and rental yield is 10.54% on a $599,999 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 137.22% and total cumulative return in cash sums $270,863. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,270/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07945, Mendham, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,570 (100%) |
| Owner Occupied HU | 3,022 (84.6%) |
| Renter Occupied HU | 378 (10.6%) |
| Vacant Housing Units | 170 ( 4.8%) |
| Median Home Value | $924,874 |
| Average Home Value | $1,061,027 |
Housing Distribution
Address Breakdown
Residential
3,332
Single Family
3,293
Multi-Family
39
Businesses
261
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Listed by: Ellen Gordon • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4003849