7 Pickerel Point DrHopatcongNJ07843
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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 Hopatcong at 7 Pickerel Point Dr, Hopatcong, NJ, 07843 earns from $6,343/mo rent with a $9,238/mo payment. Total monthly income totals $6,343/mo. ROI tracks 6.42% on current figures, and rental yield reads 4.03% at a $1,887,500 purchase. Equity gained on principal adds $12,180/yr, and 5% annual appreciation supports $521,481 over five years. Five-year ROI reaches 31.66% and total cumulative return in cash sums $193,599. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,343/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07843, Hopatcong, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,156 (100%) |
| Owner Occupied HU | 4,090 (79.3%) |
| Renter Occupied HU | 636 (12.3%) |
| Vacant Housing Units | 430 ( 8.3%) |
| Median Home Value | $371,959 |
| Average Home Value | $444,328 |
Housing Distribution
Address Breakdown
Residential
4,851
Single Family
4,842
Multi-Family
9
Businesses
136
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Listed by: Kathleen Courter • Re/Max House Values
Mls Name: GSMLS
Mls Provider:
Mls ID: #3952326