Carlton: Build On Your Own Lot Plan, Chelsea: Design Center, Short Hills, NJ, 07078 | 5.24% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

Carlton: Build On Your Own Lot Plan, Chelsea: Design Center, Short Hills, NJ, 07078 | 5.24% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
1800 sft

471 Penns Way, Basking Ridge, NJ, 07920

2 Bed
3 Bath
- sft

48 Eton Ct, Bedminster, NJ, 07921

2 Bed
3 Bath
- sft

134 Pear Tree Ln, Franklin Park, NJ, 08823

- Bed
- Bath
1240 sft

518 Sheffield Ct, Piscataway, NJ, 08854

Nearby investment properties with comparable prices

4 Bed
3 Bath
- sft

119 Cambridge Dr, Berkeley Heights, NJ, 07922

3 Bed
2 Bath
- sft

436 Mount Airy Rd, Basking Ridge, NJ, 07920

4 Bed
5 Bath
- sft

445 Hillside Ave, Westfield, NJ, 07090

4 Bed
4 Bath
- sft

1592 Front St, Scotch Plains, NJ, 07076

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Short Hills at Carlton: Build On Your Own Lot Plan, Chelsea: Design Center, Short Hills, NJ, 07078 listed at $800,000 pairs $3,493/mo rent with a $3,916/mo payment. Total monthly income runs $3,493/mo. Return on cash invested measures 9.99% in year one, and rental yield registers 5.24% at a $800,000 basis. Equity gained on principal adds $5,162/yr, and annual property appreciation at 5% supports $221,025 by year five. Five-year ROI tracks 50.84% and total cumulative return in cash totals $133,820. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,493/mo property income relative to a $3,916/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

We at RWB Homes Build-to-Suite Custom Homes within your budget. Please schedule a Free Consultation Call with us. We can walk you through our Custom Build program. We build in Bergen, Essex, Morris, Mercer and Union counties. WE CAN HELP YOU FIND THE IDEAL LOT WHERE WE CAN BUILD YOU A CUSTOM HOME WITHIN YOUR BUDGET. Floor Plans are just a reference point of what to expect in your Custom Home. You will have an opportunity to work with our Architect & Interior Designer teams to design your own custom floor plan within the SF allowance and bring your own customizations to your home. You have to buy the Lot and we build your Custom Home per your specifications. FINANCING IS AVAILABLE WITH AS MINIMUM AS 10% DOWN PAYMENT AND A 30-YEAR TERM LOAN WITH CONVENTIONAL MORTGAGE RATES. Build Cost is based on: (i) max. Lot size of 10,000 SF; (ii) Public utilities on-site at curb; (iii) Flat Lot. With our streamlined process and rigorous attention to detail, we will handle all the heavy lifting and make sure every last detail of your personal design choices are built into your Custom Home. LET'S MAKE YOUR DREAM HOME A REALITY WITH RWB HOMES. Note: The price reflects the price of the home itself and does not include the property. You are responsible for providing the property (or WE CAN HELP YOU FIND THE LOT) on which these plans will be built.

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