65 Stockton CtMorris PlainsNJ07950
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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 Morris Plains at 65 Stockton Ct, Morris Plains, NJ, 07950 with 5% annual appreciation on a $624,500 basis while $4,285/mo rent supports operations. 09% in year one. Equity gained on principal adds $4,030/yr, and five-year appreciation sums $172,538 alongside rental yield of 8.23%. Five-year ROI measures 99.65% and total cumulative return in cash totals $204,744. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,285/mo property income versus a $3,057/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1982
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07950, Morris Plains, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,711 (100%) |
| Owner Occupied HU | 6,123 (70.3%) |
| Renter Occupied HU | 2,342 (26.9%) |
| Vacant Housing Units | 246 ( 2.8%) |
| Median Home Value | $634,438 |
| Average Home Value | $657,576 |
Housing Distribution
Address Breakdown
Residential
8,505
Single Family
7,757
Multi-Family
748
Businesses
511
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Listed by: Vinod Datwani • Weichert Realtors Corp Hq
Mls Name: GSMLS
Mls ID: #3989763