12 Meadow Pond RdHardystonNJ07419
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 Hardyston at 12 Meadow Pond Rd, Hardyston, NJ, 07419 priced at $424,800 converts $3,805/mo rent into $777/mo cash flow after a $2,079/mo obligation. Total monthly income equals $3,805/mo, and annual cash flow totals $9,327/yr on $140,821 invested. Return on cash invested prints 26.53% in year one, and rental yield reads 10.75% against a $424,800 entry. Equity gained on principal adds $2,741/yr, while 5% annual appreciation compiles into $117,364 by year five. Five-year ROI reaches 139.61% and total cumulative return in cash sums $196,598. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,805/mo property income covering a $2,079/mo payment, not borrower’s personal income.
Townhouse
Built in 1989
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07419, Hamburg, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,370 (100%) |
| Owner Occupied HU | 3,253 (74.4%) |
| Renter Occupied HU | 884 (20.2%) |
| Vacant Housing Units | 233 ( 5.3%) |
| Median Home Value | $359,972 |
| Average Home Value | $385,212 |
Housing Distribution
Address Breakdown
Residential
4,301
Single Family
4,297
Multi-Family
4
Businesses
248
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Listed by: Denise Hoebee • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3996375