225 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 225 Riva Dr, Hackettstown, NJ, 07840 listed at $359,000 pairs $3,295/mo rent with a $1,757/mo payment to leave $736/mo cash flow. Total monthly income runs $3,295/mo, and annual cash flow reaches $8,835/yr on $119,009 cash to close. Return on cash invested measures 27.33% in year one, and rental yield registers 11.01% at a $359,000 basis. Equity gained on principal adds $2,317/yr, and annual property appreciation at 5% supports $99,185 by year five. Five-year ROI tracks 143.91% and total cumulative return in cash totals $171,259. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,295/mo property income relative to a $1,757/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1980
N/A 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: AHRON GORDON • RE/MAX ON THE MOVE REALTY
Mls Name: All Jersey MLS
Mls ID: #2603013R