51 Boulderwood DrBernardsvilleNJ07924
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 Bernardsville at 51 Boulderwood Dr, Bernardsville, NJ, 07924 offers $5,177/mo rent that, after a $6,974/mo payment. Total monthly income is $5,177/mo. Return on cash invested measures 7.43% in year one, and rental yield stands at 4.36% at a $1,424,900 entry. Equity gained on principal adds $9,195/yr while 5% annual appreciation compounds into $393,674 by year five. Five-year ROI records 37.07% and total cumulative return in cash reaches $171,145. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,177/mo property income versus a $6,974/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
5.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07924, Bernardsville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,883 (100%) |
| Owner Occupied HU | 2,286 (79.3%) |
| Renter Occupied HU | 446 (15.5%) |
| Vacant Housing Units | 151 ( 5.2%) |
| Median Home Value | $868,827 |
| Average Home Value | $990,857 |
Housing Distribution
Address Breakdown
Residential
2,738
Single Family
2,699
Multi-Family
39
Businesses
434
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Listed by: Alma Billings • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3986205