7 Tobyhanna Trl, Hopatcong, NJ, 07843 | $993/mo Cash Flow

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7 Tobyhanna Trl, Hopatcong, NJ, 07843 | $993/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 Hopatcong at 7 Tobyhanna Trl, Hopatcong, NJ, 07843 priced at $450,000 pairs $4,201/mo rent with $993/mo cash flow after a $2,203/mo payment. Total monthly income equals $4,201/mo, and annual cash flow comes to $11,916/yr on $149,175 invested. Return on cash invested is 27.9% in year one, and rental yield stands at 11.2% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 146.9% and total cumulative return in cash reaches $219,138. For financing, Ziffy Mortgage’s DSCR program evaluates $4,201/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in N/A

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained 3-bedroom, 1.5-bathroom home ideally situated in a highly convenient and desirable location. Just minutes from local schools, the center of town, and the private beaches of stunning Lake Hopatcong, this property offers the perfect blend of comfort, leisure, and accessibility.Step inside to find a warm and inviting layout with well-kept living spaces and plenty of natural light. The home features a spacious kitchen, cozy bedrooms, and updated baths designed for easy everyday living.The backyard is an entertainer's delight, complete with a well-maintained above-ground pool perfect for summer gatherings, relaxation, or weekend fun. Whether you're enjoying time outdoors or taking advantage of the nearby lake activities, this home supports a lifestyle of comfort and recreation.With its prime location close to schools, shopping, dining, and all that Lake Hopatcong has to offer, this property is a fantastic opportunity for homeowners seeking convenience and charm in a vibrant community.

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