5 Locust StNetcongNJ07857
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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 Netcong at 5 Locust St, Netcong, NJ, 07857 with 5% annual appreciation on a $450,000 basis while $3,611/mo rent supports operations. Total monthly income totals $3,611/mo and a $2,203/mo payment preserves $403/mo for cash returns. Annual cash flow comes to $4,836/yr on $149,175 deployed, and return on cash invested reaches 23.15% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,327 alongside rental yield of 9.63%. Five-year ROI measures 121.45% and total cumulative return in cash totals $181,170.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,611/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07857, Netcong, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,661 (100%) |
| Owner Occupied HU | 767 (46.2%) |
| Renter Occupied HU | 840 (50.6%) |
| Vacant Housing Units | 54 ( 3.3%) |
| Median Home Value | $363,695 |
| Average Home Value | $416,069 |
Housing Distribution
Address Breakdown
Residential
1,637
Single Family
1,511
Multi-Family
126
Businesses
135
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Listed by: ROBERT DEKANSKI • RE/MAX 1st ADVANTAGE
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2515590R
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