208 Maxim DrHopatcongNJ07843
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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 Hopatcong at 208 Maxim Dr, Hopatcong, NJ, 07843 generates $4,800/mo in rent and, after a $2,814/mo payment, leaves $702/mo in cash flow. Total monthly income is $4,800/mo, and annual cash flow is $8,422/yr on $189,175 invested. Return on cash invested sits at 24.51% in year one, and rental yield is 10.02% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 128.73% and total cumulative return in cash sums $243,527. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,800/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07843, Hopatcong, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,156 (100%) |
| Owner Occupied HU | 4,090 (79.3%) |
| Renter Occupied HU | 636 (12.3%) |
| Vacant Housing Units | 430 ( 8.3%) |
| Median Home Value | $371,959 |
| Average Home Value | $444,328 |
Housing Distribution
Address Breakdown
Residential
4,851
Single Family
4,842
Multi-Family
9
Businesses
136
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Listed by: Kelly Olsen • Keller Williams Metropolitan
Mls Name: GSMLS
Mls ID: #4008564