113 W Valley View Ave, Hackettstown, NJ, 07840 | $70/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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113 W Valley View Ave, Hackettstown, NJ, 07840 | $70/mo Cash Flow | Ziffy

Pending

Currently Rented

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 Hackettstown at 113 W Valley View Ave, Hackettstown, NJ, 07840 generates $2,843/mo in rent and, after a $1,904/mo payment, leaves $70/mo in cash flow. Total monthly income is $2,843/mo, and annual cash flow is $843/yr on $128,954 invested. Return on cash invested sits at 20.56% in year one, and rental yield is 8.77% on a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 107.6% and total cumulative return in cash sums $138,750. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,843/mo property income rather than buyer’s personal income.

Single Family

Built in 1945

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming and versatile home, a unique property that has served as a successful rental for 40+ years. With its 2 separate entrances, 2 addresses, & separate meters for water & electricity, this home offers incredible flexibility & a multitude of possibilities. The 1st level features a bright & spacious layout, including an enclosed front porch w/ ample windows, perfect for enjoying morning coffee. Inside, you'll find a full eat- in kitchen, dining room, a cozy living room, a large bedroom, and a full bathroom complete w/ a washer & dryer for added convenience. A charming vestibule on the side entrance and an open side porch provide additional outdoor living space. The 2nd level provides even more living options. It offers two additional bedrooms, a massive living room (which could easily be converted into a third bedroom), a full kitchen, and a full bathroom. There is also easy access to the attic for extra storage. This home's layout is ideal for anyone seeking shared living space w/ private quarters. Alternatively, you could live on one floor and rent out the other, generating income. For those who need more space, the entire home can be used as a single-family residence, offering an abundance of room to spread out. The property also includes a full, unfinished walk-out basement, a one-car detached garage,& plenty of parking. Located on a desirable corner lot, this home is filled with unique charm & offers a rare opportunity for flexible living.

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