41 Green Heron DrHackettstownNJ07840
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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 Hackettstown at 41 Green Heron Dr, Hackettstown, NJ, 07840 offers a 9.03% rental yield on a $294,500 purchase with $2,215/mo rent. Total monthly income registers $2,215/mo, and a $1,441/mo payment leaves $116/mo available for distribution. Annual cash flow reaches $1,395/yr on $97,627 to close, and return on cash invested stands at 21.34% in year one. Equity gained on principal adds $1,900/yr while 5% annual appreciation supports $81,365 over five years. Portfolio math shows five-year ROI at 111.78% and total cumulative return in cash at $109,129. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,215/mo property income against a $1,441/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1987
1,306 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
12,801
Single Family
12,174
Multi-Family
627
Businesses
1,178
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Listed by: Ellen Gordon • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3985561