52 Hockamick RdCookstownNJ08511
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
Investment Highlights
Rental property for sale in Cookstown at 52 Hockamick Rd, Cookstown, NJ, 08511 offers $4,498/mo rent that, after a $815/mo payment, leaves $3,214/mo cash flow. Total monthly income is $4,498/mo, and annual cash flow is $38,565/yr on $55,195 cash. Return on cash invested measures 89.78% in year one, and rental yield stands at 32.42% at a $166,500 entry. Equity gained on principal adds $1,074/yr while 5% annual appreciation compounds into $46,001 by year five. Five-year ROI records 479.53% and total cumulative return in cash reaches $264,674. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,498/mo property income versus a $815/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08511, Cookstown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 303 (100%) |
| Owner Occupied HU | 283 (93.4%) |
| Renter Occupied HU | 18 ( 5.9%) |
| Vacant Housing Units | 2 ( 0.7%) |
| Median Home Value | $462,981 |
| Average Home Value | $564,717 |
Housing Distribution
Address Breakdown
Residential
369
Single Family
369
Multi-Family
0
Businesses
50
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Nearby investment properties with comparable prices
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