19 Hawthorne AveMorris PlainsNJ07950
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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
Investment property for sale in Morris Plains at 19 Hawthorne Ave, Morris Plains, NJ, 07950 with 5% annual appreciation on a $605,000 basis while $4,744/mo rent supports operations. Total monthly income totals $4,744/mo and a $2,961/mo payment preserves $432/mo for cash returns. Annual cash flow comes to $5,182/yr on $199,045 deployed, and return on cash invested reaches 22.66% in year one. Equity gained on principal adds $3,904/yr, and five-year appreciation sums $167,150 alongside rental yield of 9.41%. Five-year ROI measures 118.82% and total cumulative return in cash totals $236,506.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,744/mo property income versus a $2,961/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07950, Morris Plains, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,711 (100%) |
| Owner Occupied HU | 6,123 (70.3%) |
| Renter Occupied HU | 2,342 (26.9%) |
| Vacant Housing Units | 246 ( 2.8%) |
| Median Home Value | $634,438 |
| Average Home Value | $657,576 |
Housing Distribution
Address Breakdown
Residential
8,505
Single Family
7,757
Multi-Family
748
Businesses
511
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Listed by: Harry Augenblick • The Key Real Estate Group
Mls Name: GSMLS
Mls ID: #3976331