19 Indian LnHackettstownNJ07840
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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 Hackettstown at 19 Indian Ln, Hackettstown, NJ, 07840 generates $5,656/mo in rent and, after a $2,863/mo payment, leaves $1,487/mo in cash flow. Total monthly income is $5,656/mo, and annual cash flow is $17,838/yr on $192,465 invested. Return on cash invested sits at 29.33% in year one, and rental yield is 11.6% on a $585,000 entry. Equity gained on principal adds $3,775/yr, while 5% annual appreciation builds toward $161,625 over five years. Five-year ROI reaches 154.57% and total cumulative return in cash sums $297,486. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,656/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07840, Hackettstown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,631 (100%) |
| Owner Occupied HU | 8,650 (63.5%) |
| Renter Occupied HU | 4,448 (32.6%) |
| Vacant Housing Units | 533 ( 3.9%) |
| Median Home Value | $431,882 |
| Average Home Value | $463,812 |
Housing Distribution
Address Breakdown
Residential
12,801
Single Family
12,174
Multi-Family
627
Businesses
1,178
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Listed by: Hajira Yafai • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4000505