106 Martha Brokaw WayHopewell TownshipNJ08560
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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 Hopewell Township at 106 Martha Brokaw Way, Hopewell Township, NJ, 08560 priced at $726,990 converts $4,200/mo rent into after a $3,558/mo obligation. Total monthly income equals $4,200/mo. Return on cash invested prints 15.14% in year one, and rental yield reads 6.93% against a $726,990 entry. Equity gained on principal adds $4,691/yr, while 5% annual appreciation compiles into $200,854 by year five. Five-year ROI reaches 78.46% and total cumulative return in cash sums $187,661. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,200/mo property income covering a $3,558/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
2,246 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08560, Titusville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,573 (100%) |
| Owner Occupied HU | 1,393 (88.6%) |
| Renter Occupied HU | 98 ( 6.2%) |
| Vacant Housing Units | 82 ( 5.2%) |
| Median Home Value | $800,051 |
| Average Home Value | $803,850 |
Housing Distribution
Address Breakdown
Residential
1,377
Single Family
1,377
Multi-Family
0
Businesses
74
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Listed by: Debra Glatz • Lennar Sales Corp New Jersey
Mls Name: Bright MLS
Mls ID: #NJME2064360