807 Eves Drive #3PHillsboroughNJ08844
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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 Hillsborough at 807 Eves Drive #3P, Hillsborough, NJ, 08844 uses $116,025 cash to close to unlock $808/yr annual cash flow and $67/mo monthly cash flow. Total monthly income runs $3,076/mo, and a $1,713/mo payment keeps the spread at $67/mo. Purchase price stands at $349,999, and rental yield measures 10.55% with $3,076/mo rent. Return on cash invested shows 20.61% in year one, and 5% annual appreciation builds toward $96,698 over five years. Five-year ROI reaches 109.76% and total cumulative return in cash records $127,346. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,076/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$514 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08844, Hillsborough, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,763 (100%) |
| Owner Occupied HU | 12,465 (74.4%) |
| Renter Occupied HU | 3,569 (21.3%) |
| Vacant Housing Units | 729 ( 4.3%) |
| Median Home Value | $604,614 |
| Average Home Value | $650,014 |
Housing Distribution
Address Breakdown
Residential
16,156
Single Family
15,751
Multi-Family
405
Businesses
1,281
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Listed by: Alma Martinez • Keller Williams Realty Freehold
Mls Name: MOMLS
Mls Provider:
Mls ID: #22521902
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.