70 Baldwin Ct, Basking Ridge, NJ, 07920 | $147/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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70 Baldwin Ct, Basking Ridge, NJ, 07920 | $147/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Basking Ridge at 70 Baldwin Ct, Basking Ridge, NJ, 07920 offers $3,176/mo rent that, after a $2,080/mo payment, leaves $147/mo cash flow. Total monthly income is $3,176/mo, and annual cash flow is $1,762/yr on $140,888 cash. Return on cash invested measures 21.16% in year one, and rental yield stands at 8.97% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 110.77% and total cumulative return in cash reaches $156,065. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,176/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 1986

N/A lot

$N/A/sqft

No HOA

More details about the property

This first floor end unit in Society Hill offers an airy, open floor plan thoughtfully updated throughout. First time buyers, downsizers, or anyone in-between there's nothing to do but unpack. Luxury vinyl flooring runs throughout the home, and the kitchen is outfitted with quartz, stainless steel, and subway tiles. The dining room and living room feature patio views through sliding glass doors, while nearby a dedicated laundry room provides custom storage. The primary suite features a spacious walk in closet and sleek en-suite bath, and is complemented by a second bedroom, a custom-fitted closet, and a hall bath. Society Hill boasts outstanding amenities: a pool, playground, tennis and pickleball courts, scenic walking paths, and proximity to LyonsTrain Station, major highways, and Newark Airport.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07920, Basking Ridge, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,074 (100%)
Owner Occupied HU	8,740 (78.9%)
Renter Occupied HU	1,861 (16.8%)
Vacant Housing Units	473 ( 4.3%)
Median Home Value	$874,651
Average Home Value	$959,629