3 Parkview 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 3 Parkview Dr, Hackettstown, NJ, 07840 uses $165,419 cash to close to unlock $6,007/yr annual cash flow and $501/mo monthly cash flow. Total monthly income runs $4,057/mo, and a $2,442/mo payment keeps the spread at $501/mo. Purchase price stands at $499,000, and rental yield measures 9.76% with $4,057/mo rent. Return on cash invested shows 23.54% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 123.55% and total cumulative return in cash records $204,378. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,057/mo property income covering a $2,442/mo payment rather than investor’s personal income.
Single Family
Built in 1966
0.47 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: Susan Dalgleish • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3993423