5 Whitby RdMountain LakesNJ07046
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
Investment property for sale in Mountain Lakes at 5 Whitby Rd, Mountain Lakes, NJ, 07046 at $975,000 posts ROI 17.22% with from $6,191/mo rent. Total monthly income equals $6,191/mo. Return on cash invested measures 17.22% and rental yield reads 7.62% at the current $975,000. Equity gained on principal adds $6,292/yr, and 5% annual appreciation supports $269,375 by year five. Five-year ROI prints 89.64% and total cumulative return in cash totals $287,559. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,191/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07046, Mountain Lakes, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,439 (100%) |
| Owner Occupied HU | 1,306 (90.8%) |
| Renter Occupied HU | 85 ( 5.9%) |
| Vacant Housing Units | 48 ( 3.3%) |
| Median Home Value | $947,500 |
| Average Home Value | $1,083,040 |
Housing Distribution
Address Breakdown
Residential
1,455
Single Family
1,455
Multi-Family
0
Businesses
212
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Uma Caldarone • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3978325