49 2nd StBudd LakeNJ07828
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Budd Lake at 49 2nd St, Budd Lake, NJ, 07828 priced at $438,550 converts $3,950/mo rent into $825/mo cash flow after a $2,146/mo obligation. Total monthly income equals $3,950/mo, and annual cash flow totals $9,895/yr on $145,379 invested. Return on cash invested prints 26.72% in year one, and rental yield reads 10.81% against a $438,550 entry. Equity gained on principal adds $2,830/yr, while 5% annual appreciation compiles into $121,163 by year five. Five-year ROI reaches 140.57% and total cumulative return in cash sums $204,359. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,950/mo property income covering a $2,146/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07828, Budd Lake, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,290 (100%) |
| Owner Occupied HU | 3,117 (49.6%) |
| Renter Occupied HU | 2,929 (46.6%) |
| Vacant Housing Units | 244 ( 3.9%) |
| Median Home Value | $530,689 |
| Average Home Value | $558,836 |
Housing Distribution
Address Breakdown
Residential
5,820
Single Family
5,820
Multi-Family
0
Businesses
290
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Breault • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3977221