29 Main StHackettstownNJ07840
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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 29 Main St, Hackettstown, NJ, 07840 priced at $375,000 pairs $3,057/mo rent with $385/mo cash flow after a $1,835/mo payment. Total monthly income equals $3,057/mo, and annual cash flow comes to $4,614/yr on $124,313 invested. Return on cash invested is 23.62% in year one, and rental yield stands at 9.78% on a $375,000 basis. Equity gained on principal adds $2,420/yr, and 5% annual appreciation accumulates to $103,606 by year five. Five-year ROI measures 123.99% and total cumulative return in cash reaches $154,131. For financing, Ziffy Mortgage’s DSCR program evaluates $3,057/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1985
0.51 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: CONNOR EBERSOLE • KELLER WILLIAMS METROPOLITAN
Mls Name: All Jersey MLS
Mls ID: #2608098R