56 Main St, Hancocks Bridge, NJ, 08038 | Equity Gain $1,904/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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56 Main St, Hancocks Bridge, NJ, 08038 | Equity Gain $1,904/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Hancocks Bridge at 56 Main St, Hancocks Bridge, NJ, 08038 offers $0/mo rent that, after a $1,444/mo payment. Total monthly income is $0/mo. Return on cash invested measures -5.89% in year one, and rental yield stands at 0% at a $295,000 entry. Equity gained on principal adds $1,904/yr while 5% annual appreciation compounds into $81,503 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,444/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1888

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming 3-Bedroom Home with Modern Updates and Amazingly Low Taxes! Step inside this beautifully updated 1888 home and feel the perfect blend of historic charm and modern comfort. From the moment you walk through the door, youll notice the natural light streaming through every room, giving the whole house a bright, welcoming feel. The renovated kitchen is truly the heart of the homefeaturing sleek countertops, modern cabinetry, and stainless-steel appliances that make cooking and entertaining a joy. The updated bathroom feels like a spa retreat with its fresh, modern finishes. The stunning laundry room designed with much more than laundry in mind. Youll love the formal dining room for family dinners, a cozy living room for relaxing nights in, and a sunny bonus room thats perfect for your morning coffee or a quiet afternoon read. Upstairs, three cozy bedrooms feature new carpeting and plenty of natural light. The walk-up attic offers easy storage or the potential for a future bonus room. Outside, the fully fenced backyard gives you a private space to play, garden, or unwindideal for pets and outdoor living. With property taxes under $1,400 and everything move-in ready, this home is an incredible value for first-time buyers or anyone looking to downsize. Conveniently located near I-95, 295, and the NJ Turnpike, youll have easy access to everything while still enjoying a peaceful, neighborhood setting. Come see why this charming home is so easy to fall in love withits ready for its next chapter, and that could be yours.