79 Genoble Rd BLDG 33 #79MontvilleNJ07045
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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 Montville at 79 Genoble Rd BLDG 33 #79, Montville, NJ, 07045 uses $149,175 cash to close to unlock $6,132/yr annual cash flow and $511/mo monthly cash flow. Total monthly income runs $4,064/mo, and a $2,203/mo payment keeps the spread at $511/mo. Purchase price stands at $449,999, and rental yield measures 10.84% with $4,064/mo rent. Return on cash invested shows 24.02% in year one, and 5% annual appreciation builds toward $124,326 over five years. Five-year ROI reaches 127.11% and total cumulative return in cash records $189,617. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,064/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Condo
Built in 1994
4,356 sqft lot
$N/A/sqft
$345 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07045, Montville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,141 (100%) |
| Owner Occupied HU | 3,682 (88.9%) |
| Renter Occupied HU | 279 ( 6.7%) |
| Vacant Housing Units | 180 ( 4.3%) |
| Median Home Value | $758,258 |
| Average Home Value | $794,595 |
Housing Distribution
Address Breakdown
Residential
3,909
Single Family
3,909
Multi-Family
0
Businesses
354
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Listed by: Meredith Giudice • Compass New Jersey Llc
Mls Name: GSMLS
Mls Provider:
Mls ID: #3954634
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