15 Ajax CtHackettstownNJ07840
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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 Hackettstown at 15 Ajax Ct, Hackettstown, NJ, 07840 uses $102,765 cash to close to unlock $4,352/yr annual cash flow and $363/mo monthly cash flow. Total monthly income runs $2,572/mo, and a $1,517/mo payment keeps the spread at $363/mo. Purchase price stands at $310,000, and rental yield measures 9.96% with $2,572/mo rent. Return on cash invested shows 24.14% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 126.79% and total cumulative return in cash records $130,291. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,572/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Condo
Built in 1988
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07840, Hackettstown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,631 (100%) |
| Owner Occupied HU | 8,650 (63.5%) |
| Renter Occupied HU | 4,448 (32.6%) |
| Vacant Housing Units | 533 ( 3.9%) |
| Median Home Value | $431,882 |
| Average Home Value | $463,812 |
Housing Distribution
Address Breakdown
Residential
12,801
Single Family
12,174
Multi-Family
627
Businesses
1,178
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Listed by: David Thoenig • Realty Executives Exceptional
Mls Name: GSMLS
Mls ID: #3998984