142 Rt 23HamburgNJ07419
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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 Hamburg at 142 Rt 23, Hamburg, NJ, 07419 generates $3,254/mo in rent and, after a $1,953/mo payment, leaves $410/mo in cash flow. Total monthly income is $3,254/mo, and annual cash flow is $4,919/yr on $132,269 invested. Return on cash invested sits at 23.63% in year one, and rental yield is 9.79% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 124.01% and total cumulative return in cash sums $164,030. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,254/mo property income rather than buyer’s personal income.
Multi Family
Built in 1950
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07419, Hamburg, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,370 (100%) |
| Owner Occupied HU | 3,253 (74.4%) |
| Renter Occupied HU | 884 (20.2%) |
| Vacant Housing Units | 233 ( 5.3%) |
| Median Home Value | $359,972 |
| Average Home Value | $385,212 |
Housing Distribution
Address Breakdown
Residential
4,301
Single Family
4,297
Multi-Family
4
Businesses
248
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Listed by: Marjorie Morville • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4003910