209 Riva DrHackettstownNJ07840
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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 Hackettstown at 209 Riva Dr, Hackettstown, NJ, 07840 earns $732/mo cash flow from $3,148/mo rent with a $1,659/mo payment. Total monthly income totals $3,148/mo, and annual cash flow totals $8,783/yr on $112,379 capital. ROI tracks 27.72% on current figures, and rental yield reads 11.14% at a $339,000 purchase. Equity gained on principal adds $2,188/yr, and 5% annual appreciation supports $93,659 over five years. Five-year ROI reaches 145.96% and total cumulative return in cash sums $164,032. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,148/mo property income instead of your personal income.
Townhouse
Built in 1980
0.54 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: Kristin Jacobs • C-21 North Warren Realty
Mls Name: GSMLS
Mls ID: #3986101