41 Main StHackettstownNJ07840
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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 Hackettstown at 41 Main St, Hackettstown, NJ, 07840 offers $2,352/mo rent that, after a $1,610/mo payment, leaves $7/mo cash flow. Total monthly income is $2,352/mo, and annual cash flow is $87/yr on $109,064 cash. Return on cash invested measures 19.99% in year one, and rental yield stands at 8.58% at a $329,000 entry. Equity gained on principal adds $2,123/yr while 5% annual appreciation compounds into $90,897 by year five. Five-year ROI records 104.53% and total cumulative return in cash reaches $114,009. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,352/mo property income versus a $1,610/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
7,405 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: Morgan Couto • Neno-Rosa Agency
Mls Name: GSMLS
Mls ID: #3978461