154 Canal WayHackettstownNJ07840
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
Investment property for sale in Hackettstown at 154 Canal Way, Hackettstown, NJ, 07840 at $440,000 posts ROI 19.98% with $8/mo cash flow from $3,265/mo rent. Total monthly income equals $3,265/mo, and annual cash flow records $100/yr on $145,860 to close. Return on cash invested measures 19.98% and rental yield reads 8.9% at the current $440,000. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,564 by year five. Five-year ROI prints 104.82% and total cumulative return in cash totals $152,890.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,265/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1990
3,049 sqft lot
$N/A/sqft
$120 monthly 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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Nearby investment properties with comparable prices
Listed by: Cesar Rosado • Elite Realtors Of New Jersey
Mls Name: GSMLS
Mls Provider:
Mls ID: #3938647
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