87 Addison Dr, Short Hills, NJ, 07078 | 5% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $8,041/mo, and a $9,446/mo payment. Purchase price stands at $1,930,000, and rental yield measures 5% with $8,041/mo rent. Return on cash invested shows 9.4% in year one, and 5% annual appreciation builds toward $533,223 over five years. Five-year ROI reaches 47.66% and total cumulative return in cash records $298,010. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,041/mo property income covering a $9,446/mo payment rather than investor’s personal income.

Single Family

Built in 1954

0.35 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 07078, Short Hills, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,520 (100%)
Owner Occupied HU	3,730 (82.5%)
Renter Occupied HU	616 (13.6%)
Vacant Housing Units	174 ( 3.8%)
Median Home Value	$1,637,860
Average Home Value	$1,627,410