14 Katherine DrLake HiawathaNJ07034
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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 Lake Hiawatha at 14 Katherine Dr, Lake Hiawatha, NJ, 07034 with 5% annual appreciation on a $482,000 basis while $3,406/mo rent supports operations. 69% in year one. Equity gained on principal adds $3,110/yr, and five-year appreciation sums $133,168 alongside rental yield of 8.48%. Five-year ROI measures 102.89% and total cumulative return in cash totals $164,396. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,406/mo property income versus a $2,359/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07034, Lake Hiawatha, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,016 (100%) |
| Owner Occupied HU | 2,222 (55.3%) |
| Renter Occupied HU | 1,677 (41.8%) |
| Vacant Housing Units | 117 ( 2.9%) |
| Median Home Value | $460,301 |
| Average Home Value | $491,363 |
Housing Distribution
Address Breakdown
Residential
3,719
Single Family
3,709
Multi-Family
10
Businesses
189
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Listed by: Scott Shuman • Keller Williams Realty
Mls Name: GSMLS
Mls ID: #3982290