124 Tulsa TrlHopatcongNJ07843
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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
Investment property for sale in Hopatcong at 124 Tulsa Trl, Hopatcong, NJ, 07843 offers a 10.69% rental yield on a $350,000 purchase with $3,119/mo rent. Total monthly income registers $3,119/mo, and a $1,713/mo payment leaves $624/mo available for distribution. Annual cash flow reaches $7,492/yr on $116,025 to close, and return on cash invested stands at 26.37% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 138.72% and total cumulative return in cash at $160,946. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,119/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
6,098 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
4,851
Single Family
4,842
Multi-Family
9
Businesses
136
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Listed by: Robert L. Graham • State Realty Agency Llc.
Mls Name: GSMLS
Mls ID: #3981845