6 Hyssop DrWarrenNJ07059
Nearby investment properties with comparable rents
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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 Warren at 6 Hyssop Dr, Warren, NJ, 07059 generates $3,968/mo in rent, after a $4,527/mo payment. Total monthly income is $3,968/mo. Return on cash invested sits at 8.68% in year one, and rental yield is 5.15% on a $925,000 entry. Equity gained on principal adds $5,969/yr, while 5% annual appreciation builds toward $255,560 over five years. Five-year ROI reaches 44.2% and total cumulative return in cash sums $134,509. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,968/mo property income rather than buyer’s personal income.
Condo
Built in 2024
1,742 sqft lot
$N/A/sqft
$262 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07059, Warren, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,064 (100%) |
| Owner Occupied HU | 5,162 (85.1%) |
| Renter Occupied HU | 539 ( 8.9%) |
| Vacant Housing Units | 363 ( 6.0%) |
| Median Home Value | $955,093 |
| Average Home Value | $1,050,335 |
Housing Distribution
Address Breakdown
Residential
6,026
Single Family
5,915
Multi-Family
111
Businesses
656
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Nearby investment properties with comparable prices
Listed by: Denise Murphy • Weichert Realtors
Mls Name: GSMLS
Mls Provider:
Mls ID: #3971091
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