109 Durban Ave, Hopatcong, NJ, 07843 | 8.24% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Hopatcong at 109 Durban Ave, Hopatcong, NJ, 07843 generates $4,800/mo in rent, after a $3,421/mo payment. Total monthly income is $4,800/mo. Return on cash invested sits at 19.11% in year one, and rental yield is 8.24% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 99.76% and total cumulative return in cash sums $229,418. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,800/mo property income rather than buyer’s personal income.

Single Family

Built in 2023

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to your new home, where warmth meets modern living. nestled on a beautiful corner lot, this spacious 4-bedroom, 2.5-bath home offers the perfect blend of comfort, elegance, and functionality. From the moment you step inside, you'll feel the inviting warmth of the open-concept layout, where the kitchen, dining, and living areas flow seamlessly together, leading to a covered outdoor deck ideal for relaxing or entertaining year-round. DOWNStairs, a fully finished basement provides endless possibilities, one side perfect for your personal home gym, the other designed for a cozy media or game room to host unforgettable nights. Upstairs, you'll find four generous bedrooms, a convenient laundry room, and a full bath with dual side closets. The luxurious master suite is your private retreat, featuring two walk-in closets and a spa-like bathroom with a double vanity and sleek LED-lit mirrors. Outside, enjoy a well-sized yard with both front and side lawns, a one-car attached garage, and a driveway with additional parking for two. Every detail of this home is designed for flow, comfort, and modern living, ready for you to make it your own.

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