14 Harvey RdHewittNJ07421
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hewitt at 14 Harvey Rd, Hewitt, NJ, 07421 priced at $214,999 converts $1,835/mo rent into $280/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,835/mo, and annual cash flow totals $3,361/yr on $71,272 invested. Return on cash invested prints 24.62% in year one, and rental yield reads 10.24% against a $214,999 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,400 by year five. Five-year ROI reaches 129.56% and total cumulative return in cash sums $92,341. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,835/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1930
6,098 sqft lot
$N/A/sqft
$273 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07421, Hewitt, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,267 (100%) |
| Owner Occupied HU | 2,440 (74.7%) |
| Renter Occupied HU | 346 (10.6%) |
| Vacant Housing Units | 481 (14.7%) |
| Median Home Value | $466,094 |
| Average Home Value | $531,077 |
Housing Distribution
Address Breakdown
Residential
3,038
Single Family
3,038
Multi-Family
0
Businesses
202
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Ellis • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3957597
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.