79 Hampshire DrMendhamNJ07945
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 Mendham at 79 Hampshire Dr, Mendham, NJ, 07945 priced at $579,000 pairs $4,357/mo rent with $230/mo cash flow after a $2,834/mo payment. Total monthly income equals $4,357/mo, and annual cash flow comes to $2,759/yr on $190,491 invested. Return on cash invested is 21.51% in year one, and rental yield stands at 9.03% on a $579,000 basis. Equity gained on principal adds $3,736/yr, and 5% annual appreciation accumulates to $159,967 by year five. Five-year ROI measures 112.62% and total cumulative return in cash reaches $214,531. For financing, Ziffy Mortgage’s DSCR program evaluates $4,357/mo property income against a $2,834/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1978
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07945, Mendham, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,570 (100%) |
| Owner Occupied HU | 3,022 (84.6%) |
| Renter Occupied HU | 378 (10.6%) |
| Vacant Housing Units | 170 ( 4.8%) |
| Median Home Value | $924,874 |
| Average Home Value | $1,061,027 |
Housing Distribution
Address Breakdown
Residential
3,332
Single Family
3,293
Multi-Family
39
Businesses
261
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Listed by: Diane Tolley • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3982623