403 W Plane St, Hackettstown, NJ, 07840 | $559/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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403 W Plane St, Hackettstown, NJ, 07840 | $559/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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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Investment Highlights

Rental property for sale in Hackettstown at 403 W Plane St, Hackettstown, NJ, 07840 offers $3,588/mo rent that, after a $2,080/mo payment, leaves $559/mo cash flow. Total monthly income is $3,588/mo, and annual cash flow is $6,706/yr on $140,888 cash. Return on cash invested measures 24.67% in year one, and rental yield stands at 10.13% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 129.6% and total cumulative return in cash reaches $182,585. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,588/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1889

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming Victorian in the Heart of Hackettstown! This 3-bedroom, 1.5-bath home is full of character. The first floor includes a flexible floor plan with a sitting room, dining room, kitchen, powder room, and a cozy family room that opens to a tiered deck with views of the backyard. The bright eat-in kitchen has large windows that let in plenty of natural light. Upstairs, you will find the main bedroom, two more bedrooms, and a full bath. Enjoy the rocking chair front porch, tiered back deck, and level yard. New Roof in 2023. Conveniently located within walking distance to shopping, dining, and parks, with easy access to Routes 46, 57, 24, 206, 78, and 80.

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