653 Colby CtHackettstownNJ07840
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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
Investment property for sale in Hackettstown at 653 Colby Ct, Hackettstown, NJ, 07840 uses $86,190 cash to close to unlock $5,668/yr annual cash flow and $472/mo monthly cash flow. Total monthly income runs $2,326/mo, and a $1,273/mo payment keeps the spread at $472/mo. Purchase price stands at $260,000, and rental yield measures 10.74% with $2,326/mo rent. Return on cash invested shows 26.49% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 139.37% and total cumulative return in cash records $120,125. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,326/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Townhouse
Built in 1989
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07840, Hackettstown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,631 (100%) |
| Owner Occupied HU | 8,650 (63.5%) |
| Renter Occupied HU | 4,448 (32.6%) |
| Vacant Housing Units | 533 ( 3.9%) |
| Median Home Value | $431,882 |
| Average Home Value | $463,812 |
Housing Distribution
Address Breakdown
Residential
12,801
Single Family
12,174
Multi-Family
627
Businesses
1,178
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Listed by: Erica Tattersall • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3989962