17 Hillside AveNetcongNJ07857
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 17 Hillside Ave, Netcong, NJ, 07857 in Netcong achieves a 1.50 ratio at $624,900: $4,205/mo rent versus $2,810/mo debt service. Rental yield 8.07%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.07% yield compounds alongside 5% annual appreciation projecting $172,648 in value. Total projected cumulative return: $223,489.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.2% |
| Monthly Cash Flow | $(249) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,205 |
| Total Monthly Debt Service | $4,206 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1918
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07857, Netcong, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,661 (100%) |
| Owner Occupied HU | 767 (46.2%) |
| Renter Occupied HU | 840 (50.6%) |
| Vacant Housing Units | 54 ( 3.3%) |
| Median Home Value | $363,695 |
| Average Home Value | $416,069 |
Housing Distribution
Address Breakdown
Residential
1,637
Single Family
1,511
Multi-Family
126
Businesses
135
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
Single Family
Built in 1918
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07857, Netcong, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,661 (100%) |
| Owner Occupied HU | 767 (46.2%) |
| Renter Occupied HU | 840 (50.6%) |
| Vacant Housing Units | 54 ( 3.3%) |
| Median Home Value | $363,695 |
| Average Home Value | $416,069 |
Housing Distribution
Address Breakdown
Residential
1,637
Single Family
1,511
Multi-Family
126
Businesses
135
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: GSMLS
Mls ID: #4016853