7 Whispering Spring DriveMillstone TownshipNJ08510
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
Rental property for sale in Millstone Township at 7 Whispering Spring Drive, Millstone Township, NJ, 08510 generates $6,518/mo in rent, after a $4,650/mo payment. Total monthly income is $6,518/mo. Return on cash invested sits at 19.09% in year one, and rental yield is 8.23% on a $950,000 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation builds toward $262,467 over five years. Five-year ROI reaches 99.64% and total cumulative return in cash sums $311,438. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,518/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
2.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08510, Clarksburg, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,763 (100%) |
| Owner Occupied HU | 1,607 (91.2%) |
| Renter Occupied HU | 113 ( 6.4%) |
| Vacant Housing Units | 43 ( 2.4%) |
| Median Home Value | $767,890 |
| Average Home Value | $821,714 |
Housing Distribution
Address Breakdown
Residential
1,657
Single Family
1,657
Multi-Family
0
Businesses
159
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Weinfeld • Coldwell Banker Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22508478
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.