82 Constitution WayBasking RidgeNJ07920
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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 Basking Ridge at 82 Constitution Way, Basking Ridge, NJ, 07920 priced at $769,000 pairs $5,908/mo rent with $427/mo cash flow after a $3,764/mo payment. Total monthly income equals $5,908/mo, and annual cash flow comes to $5,119/yr on $253,001 invested. Return on cash invested is 22.08% in year one, and rental yield stands at 9.22% on a $769,000 basis. Equity gained on principal adds $4,962/yr, and 5% annual appreciation accumulates to $212,461 by year five. Five-year ROI measures 115.71% and total cumulative return in cash reaches $292,759. For financing, Ziffy Mortgage’s DSCR program evaluates $5,908/mo property income against a $3,764/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07920, Basking Ridge, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,074 (100%) |
| Owner Occupied HU | 8,740 (78.9%) |
| Renter Occupied HU | 1,861 (16.8%) |
| Vacant Housing Units | 473 ( 4.3%) |
| Median Home Value | $874,651 |
| Average Home Value | $959,629 |
Housing Distribution
Address Breakdown
Residential
10,857
Single Family
10,296
Multi-Family
561
Businesses
492
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Listed by: Katherine L Cuno • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4008008