13 Morris Rd, Stanhope, NJ, 07874 | $790/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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13 Morris Rd, Stanhope, NJ, 07874 | $790/mo Cash Flow | Ziffy

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 Stanhope at 13 Morris Rd, Stanhope, NJ, 07874 priced at $389,000 converts $3,563/mo rent into $790/mo cash flow after a $1,904/mo obligation. Total monthly income equals $3,563/mo, and annual cash flow totals $9,483/yr on $128,954 invested. Return on cash invested prints 27.26% in year one, and rental yield reads 10.99% against a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation compiles into $107,474 by year five. Five-year ROI reaches 143.54% and total cumulative return in cash sums $185,094. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,563/mo property income covering a $1,904/mo payment, not borrower’s personal income.

Single Family

Built in N/A

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

This lovingly maintained home, nestled on a quiet street in desirable Hopatcong Boro is ready for its next owners! The lower level features the family room, the convenience of a first floor bedroom and half bath. Upstairs on the main level enjoy the large eat-in kitchen, sun soaked living room and 2 more bedrooms with the main bathroom. The fenced in yard with mature trees for privacy is ready for your enjoyment!