7 Stonehedge DrStockholmNJ07460
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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
Rental property for sale in Stockholm at 7 Stonehedge Dr, Stockholm, NJ, 07460 priced at $974,000 converts $6,676/mo rent into after a $4,767/mo obligation. Total monthly income equals $6,676/mo. Return on cash invested prints 19.06% in year one, and rental yield reads 8.23% against a $974,000 entry. Equity gained on principal adds $6,285/yr, while 5% annual appreciation compiles into $269,098 by year five. Five-year ROI reaches 99.51% and total cumulative return in cash sums $318,877. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,676/mo property income covering a $4,767/mo payment, not borrower’s personal income.
Single Family
Built in 1998
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07460, Stockholm, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,445 (100%) |
| Owner Occupied HU | 1,163 (80.5%) |
| Renter Occupied HU | 97 ( 6.7%) |
| Vacant Housing Units | 185 (12.8%) |
| Median Home Value | $435,202 |
| Average Home Value | $510,780 |
Housing Distribution
Address Breakdown
Residential
1,253
Single Family
1,253
Multi-Family
0
Businesses
62
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Listed by: Vicki Gonzales • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3992096