8 Mount DrivePerrinevilleNJ08535
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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
Total monthly income runs $4,147/mo, and a $5,869/mo payment. Purchase price stands at $1,199,000, and rental yield measures 4.15% with $4,147/mo rent. Return on cash invested shows 6.78% in year one, and 5% annual appreciation builds toward $331,262 over five years. Five-year ROI reaches 33.6% and total cumulative return in cash records $130,533. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,147/mo property income covering a $5,869/mo payment rather than investor’s personal income.
Single Family
Built in 1996
2.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08535, Perrineville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,609 (100%) |
| Owner Occupied HU | 1,480 (92.0%) |
| Renter Occupied HU | 78 ( 4.8%) |
| Vacant Housing Units | 51 ( 3.2%) |
| Median Home Value | $850,548 |
| Average Home Value | $878,221 |
Housing Distribution
Address Breakdown
Residential
1,716
Single Family
1,716
Multi-Family
0
Businesses
186
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Listed by: Derek Eisenberg • Continental Real Estate Group
Mls Name: MOMLS
Mls Provider:
Mls ID: #22432846
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.