640 Princeton StNew MilfordNJ07646
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 New Milford at 640 Princeton St, New Milford, NJ, 07646 earns $133/mo cash flow from $5,122/mo rent with a $3,426/mo payment. Total monthly income totals $5,122/mo, and annual cash flow totals $1,592/yr on $230,300 capital. ROI tracks 20.75% on current figures, and rental yield reads 8.78% at a $700,000 purchase. Equity gained on principal adds $4,517/yr, and 5% annual appreciation supports $193,397 over five years. Five-year ROI reaches 108.57% and total cumulative return in cash sums $250,036. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,122/mo property income instead of your personal income.
Single Family
Built in 1947
9,147 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeana Cowie • Re/Max Properties
Mls Name: GSMLS
Mls Provider:
Mls ID: #3980291
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.