301 Durban AveHopatcongNJ07843
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 301 Durban Ave, Hopatcong, NJ, 07843 in Hopatcong hard to pass up. The 11.9% gross yield on a $435,000 purchase results in $4,313/mo in rent and $1,212/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.09). Annual cash flow of $14,546, five-year appreciation of $120,182, and $3,647/yr in equity build-up combine for a projected total cumulative return of $236,583.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 6.2% |
| Monthly Cash Flow | $1,212 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,313 |
| Total Monthly Debt Service | $3,034 |
| DSCR Ratio | 1.42x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1975
6,098 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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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
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Listed by: Christopher Burns • Keller Williams Integrity
Mls Name: GSMLS
Mls Provider:
Mls ID: #4061739
