89 Pocono RdDenvilleNJ07834
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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 Denville at 89 Pocono Rd, Denville, NJ, 07834 offers a 9.52% rental yield on a $899,000 purchase with $7,129/mo rent. Total monthly income registers $7,129/mo, and a $4,400/mo payment leaves $721/mo available for distribution. Annual cash flow reaches $8,655/yr on $295,771 to close, and return on cash invested stands at 22.99% in year one. Equity gained on principal adds $5,801/yr while 5% annual appreciation supports $248,377 over five years. Portfolio math shows five-year ROI at 120.56% and total cumulative return in cash at $356,590. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,129/mo property income against a $4,400/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
1.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07834, Denville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,165 (100%) |
| Owner Occupied HU | 5,802 (81.0%) |
| Renter Occupied HU | 1,043 (14.6%) |
| Vacant Housing Units | 320 ( 4.5%) |
| Median Home Value | $623,100 |
| Average Home Value | $672,428 |
Housing Distribution
Address Breakdown
Residential
7,081
Single Family
6,709
Multi-Family
372
Businesses
905
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Listed by: Romila Bajaj • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3978137