6 Cold Hill RdMendhamNJ07945
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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
Investment property for sale in Mendham at 6 Cold Hill Rd, Mendham, NJ, 07945 offers a 0% rental yield on a $595,000 purchase with $0/mo rent. 94% in year one. Equity gained on principal adds $3,839/yr while 5% annual appreciation supports $164,388 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,912/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1944
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07945, Mendham, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,570 (100%) |
| Owner Occupied HU | 3,022 (84.6%) |
| Renter Occupied HU | 378 (10.6%) |
| Vacant Housing Units | 170 ( 4.8%) |
| Median Home Value | $924,874 |
| Average Home Value | $1,061,027 |
Housing Distribution
Address Breakdown
Residential
3,332
Single Family
3,293
Multi-Family
39
Businesses
261
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Listed by: Bryan Seavey • Turpin Real Estate, Inc.
Mls Name: GSMLS
Mls ID: #4006014