18 Hickory Run Rd, Califon, NJ, 07830 | $960/mo Cash Flow

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18 Hickory Run Rd, Califon, NJ, 07830 | $960/mo Cash Flow | Ziffy

For Sale

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 Califon at 18 Hickory Run Rd, Califon, NJ, 07830 at $924,900 posts ROI 23.85% with $960/mo cash flow from $7,553/mo rent. Total monthly income equals $7,553/mo, and annual cash flow records $11,525/yr on $304,292 to close. Return on cash invested measures 23.85% and rental yield reads 9.8% at the current $924,900. Equity gained on principal adds $5,968/yr, and 5% annual appreciation supports $255,533 by year five. Five-year ROI prints 125.17% and total cumulative return in cash totals $380,885.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,553/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1994

5.21 Acres lot

$N/A/sqft

No HOA

More details about the property

Custom contemporary/colonial home designed by architect N.S. Kim. The property sits on approximately 5.21 acres of secluded, wooded land contiguous to 82 acres of NJDEP protected Fish & Game Lands with paths leading to Ken Lockwood Gorge. The residence features cedar plank siding and oak hardwood flooring on the first and second floors. The basement offers engineered maple wood flooring. A bonus room with a wood stove is located in the finished basement, and the first floor showcases a see-through fireplace and a direct vent pellet stove. A basement freezer chest and secondary refrigerator are included. Outdoors, Cedar Plank siding, Mahogany wood-decking, an 8' x 8' creek-side deck with a fire pit which provides a serene retreat. The home was constructed in 1994 and has since upgraded the HVAC system and added a 30 yr. Timberline roof. Along the driveway is an 8' x 12' wood storage shed. The drive to the home is accessed via a private drive and culvert crossing the stream.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07830, Califon, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,849 (100%)
Owner Occupied HU	2,402 (84.3%)
Renter Occupied HU	257 ( 9.0%)
Vacant Housing Units	190 ( 6.7%)
Median Home Value	$678,026
Average Home Value	$742,443