315 SANTA FE TRAILHopatcongNJ07843
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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 Hopatcong at 315 SANTA FE TRAIL, Hopatcong, NJ, 07843 offers $2,699/mo rent that, after a $1,957/mo payment. Total monthly income is $2,699/mo. Return on cash invested measures 18.54% in year one, and rental yield stands at 8.1% at a $399,800 entry. Equity gained on principal adds $2,580/yr while 5% annual appreciation compounds into $110,457 by year five. Five-year ROI records 96.76% and total cumulative return in cash reaches $128,245. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,699/mo property income versus a $1,957/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
7,405 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: Nanette Vignapiano • Re/Max House Values
Mls Name: GSMLS
Mls ID: #3996833