7 Hoffman Rd, High Bridge, NJ, 08829 | $285/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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7 Hoffman Rd, High Bridge, NJ, 08829 | $285/mo Cash Flow | 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 High Bridge at 7 Hoffman Rd, High Bridge, NJ, 08829 generates $4,348/mo in rent and, after a $2,790/mo payment, leaves $285/mo in cash flow. Total monthly income is $4,348/mo, and annual cash flow is $3,420/yr on $187,530 invested. Return on cash invested sits at 21.88% in year one, and rental yield is 9.15% on a $570,000 entry. Equity gained on principal adds $3,678/yr, while 5% annual appreciation builds toward $157,480 over five years. Five-year ROI reaches 114.63% and total cumulative return in cash sums $214,969. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,348/mo property income rather than buyer’s personal income.

Single Family

Built in 1972

0.34 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to Jenny Jump, one of High Bridge's most sought-after neighborhoods. This inviting, move-in-ready bi-level home features 4 bedrooms and 2.5 baths, offering the perfect blend of modern comfort and natural surroundings. The main level showcases an open floor plan with hardwood floors that create a warm, cohesive flow. The updated kitchen includes granite countertops, stainless steel appliances, and a sliding door that opens to a deck overlooking the backyard an ideal setting for outdoor dining and entertaining. An open dining area, three generously sized bedrooms, and two full baths complete this floor, including a private en suite in the primary bedroom.The bright lower level adds even more versatility, offering a laundry area, a spacious family room with large windows and sliders to the backyard, plus an additional bedroom with a powder room perfect for guests or a home office.High Bridge offers a vibrant community atmosphere with events such as the Soap Box Derby, summer concerts, and movies in the park. Enjoy the charming downtown filled with various shops, restaurants, a local brewery, coffee shop, pottery studio, yoga studio, and much more, along with a train station offering free parking for easy commuting to NYC. High Bridge offers free preschool starting at age three and small class sizes throughout the district. With quick access to Rt 31, 22, & 78, this exceptional home is a rare opportunity. Hurry, this won't last long. More pictures are coming by Thursday.

Neighborhood Data

Neighborhood data shown for ZIP Code: 08829, High Bridge, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,527 (100%)
Owner Occupied HU	1,203 (78.8%)
Renter Occupied HU	230 (15.1%)
Vacant Housing Units	94 ( 6.2%)
Median Home Value	$346,416
Average Home Value	$365,669