5 Spring Hollow DrHopewellNJ08525
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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 Hopewell at 5 Spring Hollow Dr, Hopewell, NJ, 08525 priced at $925,000 converts $5,894/mo rent into after a $4,527/mo obligation. Total monthly income equals $5,894/mo. Return on cash invested prints 17.3% in year one, and rental yield reads 7.65% against a $925,000 entry. Equity gained on principal adds $5,969/yr, while 5% annual appreciation compiles into $255,560 by year five. Five-year ROI reaches 90.09% and total cumulative return in cash sums $274,177. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,894/mo property income covering a $4,527/mo payment, not borrower’s personal income.
Single Family
Built in 1987
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08525, Hopewell, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,001 (100%) |
| Owner Occupied HU | 1,598 (79.9%) |
| Renter Occupied HU | 310 (15.5%) |
| Vacant Housing Units | 93 ( 4.6%) |
| Median Home Value | $625,000 |
| Average Home Value | $653,833 |
Housing Distribution
Address Breakdown
Residential
1,934
Single Family
1,934
Multi-Family
0
Businesses
211
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Listed by: Dawn Petrozzini • RE/MAX Preferred Professional-Hillsborough
Mls Name: Bright MLS
Mls ID: #NJME2070902