5 Rushmore Ln #5HackettstownNJ07840
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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 5 Rushmore Ln #5, Hackettstown, NJ, 07840 uses $99,119 cash to close to unlock $2,871/yr annual cash flow and $239/mo monthly cash flow. Total monthly income runs $2,370/mo, and a $1,463/mo payment keeps the spread at $239/mo. Purchase price stands at $299,000, and rental yield measures 9.51% with $2,370/mo rent. Return on cash invested shows 22.81% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 119.65% and total cumulative return in cash records $118,594. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,370/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Condo
Built in 1990
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: Heather Montalbano • Re/Max Town & Valley
Mls Name: GSMLS
Mls ID: #4003905