104 Chincopee AveHopatcongNJ07843
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hopatcong at 104 Chincopee Ave, Hopatcong, NJ, 07843 priced at $299,900 pairs $2,651/mo rent with $513/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,651/mo, and annual cash flow comes to $6,159/yr on $99,417 invested. Return on cash invested is 26.1% in year one, and rental yield stands at 10.61% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 137.33% and total cumulative return in cash reaches $136,528. For financing, Ziffy Mortgage’s DSCR program evaluates $2,651/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1935
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07843, Hopatcong, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,156 (100%) |
| Owner Occupied HU | 4,090 (79.3%) |
| Renter Occupied HU | 636 (12.3%) |
| Vacant Housing Units | 430 ( 8.3%) |
| Median Home Value | $371,959 |
| Average Home Value | $444,328 |
Housing Distribution
Address Breakdown
Residential
4,851
Single Family
4,842
Multi-Family
9
Businesses
136
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristen Laporta • North Point Realty Group
Mls Name: GSMLS
Mls ID: #3983806