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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Hackettstown at 150 College View Dr, Hackettstown, NJ, 07840 priced at $575,000 converts $3,588/mo rent into after a $2,814/mo obligation. Total monthly income equals $3,588/mo. Return on cash invested prints 16.82% in year one, and rental yield reads 7.49% against a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation compiles into $158,862 by year five. Five-year ROI reaches 87.51% and total cumulative return in cash sums $165,539. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,588/mo property income covering a $2,814/mo payment, not borrower’s personal income.
Single Family
Built in 1968
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07840, Hackettstown, NJ area.
| 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 |
Residential
12,801
Single Family
12,174
Multi-Family
627
Businesses
1,178
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lynette Delisa • Realty Executives Exceptional
Mls Name: GSMLS
Mls ID: #3999622
