72 Myrtle Ave, Millburn, NJ, 07041 | ROI: 4.4%

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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72 Myrtle Ave, Millburn, NJ, 07041 | ROI: 4.4% | 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

Investment property for sale in Millburn at 72 Myrtle Ave, Millburn, NJ, 07041 projects strong ROI of 4.4%. Rental yield 3.38%. With 5% annual appreciation, the property builds $663,076 in value over five years. Equity growth combined delivers a projected five-year ROI of 20.81%, translating into $161,819 in total cumulative return on $777,600 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.

Single Family

Built in 2021

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

2021 custom-built home where luxury feels effortless. Crafted by a premier local builder known for exceptional design and detail, elevated by the owners' discerning eye, every finish was hand-selected to create a space that feels both sophisticated and deeply livable. At the heart of the home, the chef's kitchen blends beauty and function with custom cabinetry, a butler's pantry, wine fridge and another spacious light-filled pantry with even more custom cabinetry and 2 built-in refrigerator drawers. A built-in breakfast bench adds charm and extra storage, while expansive sliders extend across the family room, opening to the outdoors and bathing the space in natural light. The first floor flows gracefully across white oak floors, connecting the kitchen to the inviting family room with fireplace, a welcoming living room, and a private office or guest bedroom. Upstairs, the primary suite is a serene retreat with a gas fireplace, dual walk-in closets, custom built-ins, and a spa bath featuring radiant-heated floors. Three additional bedrooms, hall bath and a conveniently located laundry room complete the 2nd floor. The lower level offers additional flexibility. Here you will find a playroom, the 6th bedroom and full bath -ideal for guests, hobbies, or recreation. With 6 bedrooms, 3.5 baths, 2-car garage, a spacious level back yard and every modern comfort, this home was designed for the way people truly live-seamless, stylish, and enduringly beautiful.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07041, Millburn, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,821 (100%)
Owner Occupied HU	1,849 (65.5%)
Renter Occupied HU	838 (29.7%)
Vacant Housing Units	134 ( 4.8%)
Median Home Value	$981,149
Average Home Value	$1,056,220