124 Canal Way #124, Hackettstown, NJ, 07840 | $146/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

124 Canal Way #124, Hackettstown, NJ, 07840 | $146/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
2086 sft

44 Primrose Lane, Hackettstown, NJ, 07840

3 Bed
2 Bath
- sft

537 W Hill Rd, Glen Gardner, NJ, 08826

2 Bed
2 Bath
- sft

41 Troon Ter, Annandale, NJ, 08801

3 Bed
2 Bath
- sft

400 County Road 519, Belvidere, NJ, 07823

Nearby investment properties with comparable prices

4 Bed
4 Bath
- sft

6 Roaring Rock Rd, Washington, NJ, 07882

3 Bed
4 Bath
2055 sft

4 Kinderwood Dr, Easton, PA, 18042

$ 449,900

ROI

Cash Flow/m

- Bed
2 Bath
2392 sft

126 Belvidere Ave #9999, Washington, NJ, 07882

3 Bed
2 Bath
1796 sft

381 Center St, Phillipsburg, NJ, 08865

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Hackettstown at 124 Canal Way #124, Hackettstown, NJ, 07840 generates $3,353/mo in rent and, after a $2,202/mo payment, leaves $146/mo in cash flow. Total monthly income is $3,353/mo, and annual cash flow is $1,755/yr on $149,142 invested. Return on cash invested sits at 21.09% in year one, and rental yield is 8.94% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 110.41% and total cumulative return in cash sums $164,662. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,353/mo property income rather than buyer’s personal income.

Townhouse

Built in 1991

2,613 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautiful move-in condition Townhome in desirable community of Valley View Woods, Entry Foyer leads to a Spacious Living Room, Open & Airy Dining Room with Sliders to a Large Deck, Nice Sized Kitchen, Bonus Den and a full bath complete the first floor. Second floor has a Large Primary Suite with Cathedral Ceilings and two large closets, Second bedroom also a good size with a walk-in closet. An attractive full bath serves the second floor. Downstairs is a full finished walkout basement with laundry space and attached garage. Many nice finishes including hardwood floors and tile. Unit also has Central air, Public water & sewer and Natural Gas. Amenities include a playground and recreation courts. Prime location near Centenary College, Hackettstown Train Station, shops and restaurants. Super Clean too! Extra parking area right across the street!

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