32 Mountain RdHopatcongNJ07843
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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 32 Mountain Rd, Hopatcong, NJ, 07843 priced at $424,900 converts $2,040/mo rent into after a $2,080/mo obligation. Total monthly income equals $2,040/mo. Return on cash invested prints 11.48% in year one, and rental yield reads 5.76% against a $424,900 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,392 by year five. Five-year ROI reaches 58.92% and total cumulative return in cash sums $82,989. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,040/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1961
0.40 Acres 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: Marc A. Paolella • C-21 Christel Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3980486
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