167 Marne RdHopatcongNJ07843
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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 Hopatcong at 167 Marne Rd, Hopatcong, NJ, 07843 priced at $449,900 pairs $2,040/mo rent with after a $2,202/mo payment. Total monthly income equals $2,040/mo. Return on cash invested is 10.52% in year one, and rental yield stands at 5.44% on a $449,900 basis. Equity gained on principal adds $2,903/yr, and 5% annual appreciation accumulates to $124,299 by year five. Five-year ROI measures 53.75% and total cumulative return in cash reaches $80,158. For financing, Ziffy Mortgage’s DSCR program evaluates $2,040/mo property income against a $2,202/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07843, Hopatcong, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,156 (100%) |
| Owner Occupied HU | 4,090 (79.3%) |
| Renter Occupied HU | 636 (12.3%) |
| Vacant Housing Units | 430 ( 8.3%) |
| Median Home Value | $371,959 |
| Average Home Value | $444,328 |
Housing Distribution
Address Breakdown
Residential
4,851
Single Family
4,842
Multi-Family
9
Businesses
136
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Listed by: Harman Sethi • Public Trust Realty Group Llc
Mls Name: GSMLS
Mls ID: #4000163