17 Center St, Stanhope, NJ, 07874 | $383/mo Cash Flow

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17 Center St, Stanhope, NJ, 07874 | $383/mo Cash Flow | Ziffy

For Sale

Listed for sale 2 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Stanhope at 17 Center St, Stanhope, NJ, 07874 at $475,000 posts ROI 22.83% with $383/mo cash flow from $3,769/mo rent. Total monthly income equals $3,769/mo, and annual cash flow records $4,598/yr on $157,463 to close. Return on cash invested measures 22.83% and rental yield reads 9.52% at the current $475,000. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 by year five. Five-year ROI prints 119.75% and total cumulative return in cash totals $188,563.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,769/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1970

0.35 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully updated three-bedroom, two-bath ranch home ideally located on a prime corner lot. Entertain or relax outdoors on the composite deck with retractable awning. The eat-in kitchen is thoughtfully designed with maple cabinetry, granite countertops, and newer stainless-steel appliances, while Andersen windows fill the home with natural light. Inside, you'll find hardwood floors throughout the living room, dining room, and bedrooms, along with main updated bathroom features a double-sink vanity. Beautiful crown molding and recessed lighting through main floor. Dining room with wainscoting and sliders to deck great for entertaining. Living room offers wood burning stove with stone surround great for chilly nights! The home also boasts an oversized two-car garage with ample additional storage. The finished basement provides flexible space for recreation, a separate room for home office or guests, and full bathroom/laundry. Recent improvements include a new driveway and front staircase, and water heater. A move-in-ready property combining comfort, quality upgrades, and an excellent location this home is a must-see.