10 Peter DrHackettstownNJ07840
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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 Hackettstown at 10 Peter Dr, Hackettstown, NJ, 07840 priced at $795,000 converts $5,220/mo rent into after a $3,891/mo obligation. Total monthly income equals $5,220/mo. Return on cash invested prints 18.01% in year one, and rental yield reads 7.88% against a $795,000 entry. Equity gained on principal adds $5,130/yr, while 5% annual appreciation compiles into $219,644 by year five. Five-year ROI reaches 93.88% and total cumulative return in cash sums $245,554. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,220/mo property income covering a $3,891/mo payment, not borrower’s personal income.
Single Family
Built in 1995
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07840, Hackettstown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,631 (100%) |
| Owner Occupied HU | 8,650 (63.5%) |
| Renter Occupied HU | 4,448 (32.6%) |
| Vacant Housing Units | 533 ( 3.9%) |
| Median Home Value | $431,882 |
| Average Home Value | $463,812 |
Housing Distribution
Address Breakdown
Residential
12,801
Single Family
12,174
Multi-Family
627
Businesses
1,178
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Listed by: Joan Obrien • Re/Max Town & Valley
Mls Name: GSMLS
Mls ID: #3973331