623 Montgomery RdHillsboroughNJ08844
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 Hillsborough at 623 Montgomery Rd, Hillsborough, NJ, 08844 listed at $875,000 pairs $4,648/mo rent with a $4,283/mo payment. Total monthly income runs $4,648/mo. Return on cash invested measures 13.44% in year one, and rental yield registers 6.37% at a $875,000 basis. Equity gained on principal adds $5,646/yr, and annual property appreciation at 5% supports $241,746 by year five. Five-year ROI tracks 69.33% and total cumulative return in cash totals $199,595. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,648/mo property income relative to a $4,283/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
7.28 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cynthia Conshue • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3993577