41 Hillandale Dr BLDG 3 #304Mendham TownshipNJ07931
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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 Mendham Township at 41 Hillandale Dr BLDG 3 #304, Mendham Township, NJ, 07931 offers a 0% rental yield on a $1,254,695 purchase with $0/mo rent. 16% in year one. Equity gained on principal adds $8,096/yr while 5% annual appreciation supports $346,649 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $6,141/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
$1,059 monthly 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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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Liane Dobson • Kl Sotheby's Int'l. Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3955490
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