14 Chincopee Ave, Hopatcong, NJ, 07843 | 7.7% Rental Yield

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14 Chincopee Ave, Hopatcong, NJ, 07843 | 7.7% Rental Yield | 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

Investment property for sale in Hopatcong at 14 Chincopee Ave, Hopatcong, NJ, 07843 with 5% annual appreciation on a $748,000 basis while $4,800/mo rent supports operations. 47% in year one. Equity gained on principal adds $4,827/yr, and five-year appreciation sums $206,659 alongside rental yield of 7.7%. Five-year ROI measures 90.97% and total cumulative return in cash totals $223,862. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,800/mo property income versus a $3,661/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2012

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Nestled in a serene cul-de-sac near the tranquil shores of Lake Hopatcong, this Custom Built 4 -level home was built for the Builder for himself and offers a perfect blend of luxury and functionality. Boasting four spacious bedrooms and 3.5 elegantly appointed baths, it provides ample space for comfort and privacy. The open-concept main level with its 9' ceilings, flows seamlessly onto the composite deck, ideal for enjoying the sunset views and outdoor gatherings, while the covered patio below offers a cozy retreat, rain or shine. The third level offers many uses such as a private office, media room or gym. The fully finished walkout basement adds versatile living space, including large family room, sitting area with fireplace, guest bedroom, full bath and laundry room. A beautifully crafted paver driveway enhances its curb appeal. With public water and sewer, whole house generator, sprinklers and alarm system, modern conveniences are at your fingertips. This exceptional property combines lakeside charm with contemporary amenities, creating a truly inviting place to call home. Nearby transportation, restaurants, shopping, parks, hiking trails and all lake activities!

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