45 Deer Path Dr, Flanders, NJ, 07836 | 4.96% Rental Yield

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45 Deer Path Dr, Flanders, NJ, 07836 | 4.96% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Flanders at 45 Deer Path Dr, Flanders, NJ, 07836 offers $2,482/mo rent that, after a $2,937/mo payment. Total monthly income is $2,482/mo. Return on cash invested measures 9.15% in year one, and rental yield stands at 4.96% at a $600,000 entry. Equity gained on principal adds $3,872/yr while 5% annual appreciation compounds into $165,769 by year five. Five-year ROI records 46.34% and total cumulative return in cash reaches $91,476. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,482/mo property income versus a $2,937/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1968

9,583 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this inviting 4-bedroom, 2.5-bath colonial set on a flat lot in the desirable Flanders neighborhood of Mount Olive Township. Nestled on a quiet dead-end street, this home combines comfort and convenience. The spacious living room features a cozy wood-burning stove, perfect for relaxing evenings. Upstairs, you?ll find four bedrooms, including a primary suite complete with its own private bath. Finish the basement for a flexible space for a home office, gym, or playroom. Outside, the level yard is ideal for outdoor activities and entertaining. Located close to shopping and transit, and only 45 minutes to Newark Airport, this home offers the perfect balance of neighborhood charm and accessibility.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07836, Flanders, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,151 (100%)
Owner Occupied HU	3,445 (66.9%)
Renter Occupied HU	1,539 (29.9%)
Vacant Housing Units	167 ( 3.2%)
Median Home Value	$580,259
Average Home Value	$623,827