601 Lindabury Ln, Califon, NJ, 07830 | $194/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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601 Lindabury Ln, Califon, NJ, 07830 | $194/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Califon at 601 Lindabury Ln, Califon, NJ, 07830 uses $254,975 cash to close to unlock $2,330/yr annual cash flow and $194/mo monthly cash flow. Total monthly income runs $5,718/mo, and a $3,793/mo payment keeps the spread at $194/mo. Purchase price stands at $775,000, and rental yield measures 8.85% with $5,718/mo rent. Return on cash invested shows 20.97% in year one, and 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 109.77% and total cumulative return in cash records $279,895. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,718/mo property income covering a $3,793/mo payment rather than investor’s personal income.

Townhouse

Built in 2000

N/A lot

$N/A/sqft

No HOA

More details about the property

Elegant Charm! Exquisite upscale townhouse in the private community of Lamington Falls, consisting of 28 luxury units. Natural light abounds with many oversize Pacadian windows and French doors, beautiful hardwood floors, high ceilings, custom fire place, moldings, trims and neutral decor exudes charm. Gourmet kitchen with center island and breakfast nook, granite countertops, huge pantry area, open floor plan perfect for entertaining. Great location at the top of the community with one of the bigger decks and mature landscaping affords plenty of privacy. Glamorous primary suite with dressing room, loads of closets, jetted tub, water closet, plus fireplace and French doors to balcony. Second floor laundry. New roof and gutters (Oct 25). Located in historic Pottersville, convenient to horse country,golf, parks, game lands, farms, stocked waters, fine dining, fast food, historic shoppes, local market stores, major roadways, hospital, train to NYC, minutes from Newark Liberty Airport. Hightly accredited schools, competitive taxes. A wonderful opportunity to own a great retreat!

Neighborhood Data

Neighborhood data shown for ZIP Code: 07830, Califon, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,849 (100%)
Owner Occupied HU	2,402 (84.3%)
Renter Occupied HU	257 ( 9.0%)
Vacant Housing Units	190 ( 6.7%)
Median Home Value	$678,026
Average Home Value	$742,443