6 Raleigh CtBasking RidgeNJ07920
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 Basking Ridge at 6 Raleigh Ct, Basking Ridge, NJ, 07920 at $781,000 posts ROI 17.18% with from $5,406/mo rent. Total monthly income equals $5,406/mo. Return on cash invested measures 17.18% and rental yield reads 8.31% at the current $781,000. Equity gained on principal adds $5,040/yr, and 5% annual appreciation supports $215,776 by year five. Five-year ROI prints 90.2% and total cumulative return in cash totals $231,762. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,406/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1998
N/A lot
$N/A/sqft
$455 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07920, Basking Ridge, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,074 (100%) |
| Owner Occupied HU | 8,740 (78.9%) |
| Renter Occupied HU | 1,861 (16.8%) |
| Vacant Housing Units | 473 ( 4.3%) |
| Median Home Value | $874,651 |
| Average Home Value | $959,629 |
Housing Distribution
Address Breakdown
Residential
10,857
Single Family
10,296
Multi-Family
561
Businesses
492
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Neha Jain • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3962752
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.