31 Crescent DrLake HopatcongNJ07849
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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 Lake Hopatcong at 31 Crescent Dr, Lake Hopatcong, NJ, 07849 with 5% annual appreciation on a $624,000 basis while $4,456/mo rent supports operations. Total monthly income totals $4,456/mo and a $3,054/mo payment preserves $8/mo for cash returns. Annual cash flow comes to $101/yr on $205,296 deployed, and return on cash invested reaches 20.11% in year one. Equity gained on principal adds $4,027/yr, and five-year appreciation sums $172,400 alongside rental yield of 8.57%. Five-year ROI measures 105.13% and total cumulative return in cash totals $215,819.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,456/mo property income versus a $3,054/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07849, Lake Hopatcong, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,894 (100%) |
| Owner Occupied HU | 2,946 (75.7%) |
| Renter Occupied HU | 548 (14.1%) |
| Vacant Housing Units | 400 (10.3%) |
| Median Home Value | $550,099 |
| Average Home Value | $686,331 |
Housing Distribution
Address Breakdown
Residential
3,573
Single Family
3,573
Multi-Family
0
Businesses
320
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Listed by: Orie Fischetti • Re/Max Town & Valley Ii
Mls Name: GSMLS
Mls ID: #3988645