131 S Maryland AveLake HopatcongNJ07849
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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
Rental property for sale in Lake Hopatcong at 131 S Maryland Ave, Lake Hopatcong, NJ, 07849 generates $3,385/mo in rent and, after a $1,957/mo payment, leaves $535/mo in cash flow. Total monthly income is $3,385/mo, and annual cash flow is $6,419/yr on $132,567 invested. Return on cash invested sits at 24.75% in year one, and rental yield is 10.16% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 130.02% and total cumulative return in cash sums $172,364. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,385/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07849, Lake Hopatcong, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,894 (100%) |
| Owner Occupied HU | 2,946 (75.7%) |
| Renter Occupied HU | 548 (14.1%) |
| Vacant Housing Units | 400 (10.3%) |
| Median Home Value | $550,099 |
| Average Home Value | $686,331 |
Housing Distribution
Address Breakdown
Residential
3,573
Single Family
3,573
Multi-Family
0
Businesses
320
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Listed by: Johanna Rivera • Realty Executives Property Squad
Mls Name: GSMLS
Mls ID: #3994571