226 Chincopee AveHopatcongNJ07843
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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 Hopatcong at 226 Chincopee Ave, Hopatcong, NJ, 07843 earns $820/mo cash flow from $3,670/mo rent with a $1,957/mo payment. Total monthly income totals $3,670/mo, and annual cash flow totals $9,839/yr on $132,567 capital. ROI tracks 27.33% on current figures, and rental yield reads 11.01% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Five-year ROI reaches 143.85% and total cumulative return in cash sums $190,700. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,670/mo property income instead of your personal income.
Single Family
Built in 1961
6,969 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: Kim Kulpeksa • Re/Max House Values
Mls Name: GSMLS
Mls ID: #3993777