10 Rushmore LnHackettstownNJ07840
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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 Rushmore Ln, Hackettstown, NJ, 07840 generates $3,353/mo in rent and, after a $2,026/mo payment, leaves $402/mo in cash flow. Total monthly income is $3,353/mo, and annual cash flow is $4,829/yr on $137,241 invested. Return on cash invested sits at 23.43% in year one, and rental yield is 9.72% on a $414,000 entry. Equity gained on principal adds $2,671/yr, while 5% annual appreciation builds toward $114,381 over five years. Five-year ROI reaches 122.96% and total cumulative return in cash sums $168,751. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,353/mo property income rather than buyer’s personal income.
Townhouse
Built in 1989
3,484 sqft 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: Sally E Novak • Re/Max Neighborhood Properties
Mls Name: GSMLS
Mls ID: #3999398