








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Morristown at 6 Ash Ln, Morristown, NJ, 07960 at $599,000 posts ROI 26.83% with $1,111/mo cash flow from $5,381/mo rent. Total monthly income equals $5,381/mo, and annual cash flow records $13,335/yr on $197,071 to close. Return on cash invested measures 26.83% and rental yield reads 10.78% at the current $599,000. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 by year five. Five-year ROI prints 141.16% and total cumulative return in cash totals $278,182.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,381/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1979
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07960, Morristown, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,695 (100%) |
| Owner Occupied HU | 11,261 (57.2%) |
| Renter Occupied HU | 7,396 (37.6%) |
| Vacant Housing Units | 1,038 ( 5.3%) |
| Median Home Value | $753,823 |
| Average Home Value | $846,672 |
Residential
18,584
Single Family
16,093
Multi-Family
2,491
Businesses
1,783
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: Ryan Dawson • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3986511