6 Marine TerLake HopatcongNJ07849
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 Lake Hopatcong at 6 Marine Ter, Lake Hopatcong, NJ, 07849 offers $3,706/mo rent that, after a $4,400/mo payment. Total monthly income is $3,706/mo. Return on cash invested measures 9.1% in year one, and rental yield stands at 4.95% at a $899,000 entry. Equity gained on principal adds $5,801/yr while 5% annual appreciation compounds into $248,377 by year five. Five-year ROI records 46.09% and total cumulative return in cash reaches $136,318. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,706/mo property income versus a $4,400/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07849, Lake Hopatcong, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,894 (100%) |
| Owner Occupied HU | 2,946 (75.7%) |
| Renter Occupied HU | 548 (14.1%) |
| Vacant Housing Units | 400 (10.3%) |
| Median Home Value | $550,099 |
| Average Home Value | $686,331 |
Housing Distribution
Address Breakdown
Residential
3,573
Single Family
3,573
Multi-Family
0
Businesses
320
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Listed by: Nicholas E. Caruso • Progressive Realty Group
Mls Name: GSMLS
Mls ID: #4007459