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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Mendham at 5 Country Ln, Mendham, NJ, 07945 generates $4,372/mo in rent, after a $3,230/mo payment. Total monthly income is $4,372/mo. Return on cash invested sits at 18.23% in year one, and rental yield is 7.95% on a $660,000 entry. Equity gained on principal adds $4,259/yr, while 5% annual appreciation builds toward $182,346 over five years. Five-year ROI reaches 95.01% and total cumulative return in cash sums $206,301. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,372/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07945, Mendham, NJ area.
| 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 |
Residential
3,332
Single Family
3,293
Multi-Family
39
Businesses
261
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Amy Burakovsky • Keller Williams Realty
Mls Name: GSMLS
Mls ID: #3971506
