5 Oak StNetcongNJ07857
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 5 Oak St, Netcong, NJ, 07857 in Netcong. At $499,000 it earns $3,905/mo in rent and distributes $348/mo to the owner after the $2,244/mo payment, a consistent 9.39% yield. DSCR 1.74 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $137,865 in value; $4,596/yr in principal paydown compounds ownership stake. Total projected return: $213,671.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $348 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,905 |
| Total Monthly Debt Service | $3,358 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1920
10,018 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1920
10,018 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: GSMLS
Mls ID: #4021353