5 Deer Run Dr, High Bridge, NJ, 08829 | $474/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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5 Deer Run Dr, High Bridge, NJ, 08829 | $474/mo Cash Flow | 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 High Bridge at 5 Deer Run Dr, High Bridge, NJ, 08829 priced at $399,000 pairs $3,318/mo rent with $474/mo cash flow after a $1,953/mo payment. Total monthly income equals $3,318/mo, and annual cash flow comes to $5,687/yr on $132,269 invested. Return on cash invested is 24.21% in year one, and rental yield stands at 9.98% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 127.12% and total cumulative return in cash reaches $168,134. For financing, Ziffy Mortgage’s DSCR program evaluates $3,318/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.

Condo

Built in 1984

0.26 Acres lot

$N/A/sqft

No HOA

More details about the property

Beautifully updated home with an open, sun-filled layout set on a double lot with seasonal views of Spruce Run Reservoir! Freshly painted throughout, this home features refinished lower-level floors, an updated kitchen, and a newly painted deck and foundation for a clean, modern look. Vaulted ceilings and oversized windows create incredible natural light, while the wraparound deck offers the perfect indoor/outdoor flow for relaxing or entertaining.The finished walk-out basement adds valuable bonus living space?ideal for a family room, office, gym, or guest area. Additional highlights include a garage, ample parking, and a community offering a playground and pool within a few minutes walking distance. With thoughtful updates, great amenities, and a highly desirable location, this is truly a move-in-ready home?perfect as a full-time residence or a weekend retreat.

Neighborhood Data

Neighborhood data shown for ZIP Code: 08829, High Bridge, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,527 (100%)
Owner Occupied HU	1,203 (78.8%)
Renter Occupied HU	230 (15.1%)
Vacant Housing Units	94 ( 6.2%)
Median Home Value	$346,416
Average Home Value	$365,669