81 Clinton AveBudd LakeNJ07828
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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
Rental property for sale in Budd Lake at 81 Clinton Ave, Budd Lake, NJ, 07828 generates $5,348/mo in rent and, after a $3,500/mo payment, leaves $251/mo in cash flow. Total monthly income is $5,348/mo, and annual cash flow is $3,014/yr on $235,235 invested. Return on cash invested sits at 21.34% in year one, and rental yield is 8.98% on a $715,000 entry. Equity gained on principal adds $4,614/yr, while 5% annual appreciation builds toward $197,541 over five years. Five-year ROI reaches 111.74% and total cumulative return in cash sums $262,857. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,348/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07828, Budd Lake, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,290 (100%) |
| Owner Occupied HU | 3,117 (49.6%) |
| Renter Occupied HU | 2,929 (46.6%) |
| Vacant Housing Units | 244 ( 3.9%) |
| Median Home Value | $530,689 |
| Average Home Value | $558,836 |
Housing Distribution
Address Breakdown
Residential
5,820
Single Family
5,820
Multi-Family
0
Businesses
290
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Listed by: Amy Mclaughlin • Lois Schneider Realtor
Mls Name: GSMLS
Mls ID: #3986971