5 Brookside DrMillburnNJ07041
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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 Millburn at 5 Brookside Dr, Millburn, NJ, 07041 with 5% annual appreciation on a $775,000 basis while $4,231/mo rent supports operations. 98% in year one. Equity gained on principal adds $5,001/yr, and five-year appreciation sums $214,118 alongside rental yield of 6.55%. Five-year ROI measures 72.24% and total cumulative return in cash totals $184,195. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,231/mo property income versus a $3,793/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1915
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07041, Millburn, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,821 (100%) |
| Owner Occupied HU | 1,849 (65.5%) |
| Renter Occupied HU | 838 (29.7%) |
| Vacant Housing Units | 134 ( 4.8%) |
| Median Home Value | $981,149 |
| Average Home Value | $1,056,220 |
Housing Distribution
Address Breakdown
Residential
2,755
Single Family
2,351
Multi-Family
404
Businesses
565
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Listed by: Margaret Miggins • Compass New Jersey, Llc
Mls Name: GSMLS
Mls ID: #3986597