584 Hillsborough RdHillsboroughNJ08844
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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
Rental property for sale in Hillsborough at 584 Hillsborough Rd, Hillsborough, NJ, 08844 generates $4,320/mo in rent and, after a $2,930/mo payment, leaves $53/mo in cash flow. Total monthly income is $4,320/mo, and annual cash flow is $635/yr on $196,972 invested. Return on cash invested sits at 20.38% in year one, and rental yield is 8.66% on a $598,700 entry. Equity gained on principal adds $3,863/yr, while 5% annual appreciation builds toward $165,410 over five years. Five-year ROI reaches 106.58% and total cumulative return in cash sums $209,940. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,320/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08844, Hillsborough, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,763 (100%) |
| Owner Occupied HU | 12,465 (74.4%) |
| Renter Occupied HU | 3,569 (21.3%) |
| Vacant Housing Units | 729 ( 4.3%) |
| Median Home Value | $604,614 |
| Average Home Value | $650,014 |
Housing Distribution
Address Breakdown
Residential
16,156
Single Family
15,751
Multi-Family
405
Businesses
1,281
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Listed by: Jacqueline Suddeath • Re/Max Pinnacle
Mls Name: GSMLS
Mls ID: #3983329