72 Lawrence Dr, Hackettstown, NJ, 07840 | $103/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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72 Lawrence Dr, Hackettstown, NJ, 07840 | $103/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 Hackettstown at 72 Lawrence Dr, Hackettstown, NJ, 07840 offers $3,588/mo rent that, after a $2,393/mo payment, leaves $103/mo cash flow. Total monthly income is $3,588/mo, and annual cash flow is $1,235/yr on $162,104 cash. Return on cash invested measures 20.67% in year one, and rental yield stands at 8.8% at a $489,000 entry. Equity gained on principal adds $3,155/yr while 5% annual appreciation compounds into $135,102 by year five. Five-year ROI records 108.15% and total cumulative return in cash reaches $175,318. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,588/mo property income versus a $2,393/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1962

0.35 Acres lot

$N/A/sqft

No HOA

More details about the property

Updated 3BR/1.5BA bi-level in Hackettstown's Kenwood Village! The light-filled upper level features a spacious living room that flows to a dining area and a refreshed, modern kitchen with generous cabinet storage and prep space. Down the hall are three comfortable bedrooms and an updated full bath. The versatile lower level offers a large family/rec room ideal for media, play, fitness, or a home office plus a convenient half bath, laundry area, and access to the backyard. Outside, enjoy a level lot with space to garden, entertain, or simply relax. Thoughtful updates, a practical floor plan, and neutral finishes make this home move-in ready. Terrific location close to downtown Hackettstown's shops and restaurants, Centenary University, parks and trails, NJ Transit rail, and major routes (46/80/517) for easy commuting. A great opportunity in a well-established neighborhood unpack and enjoy!

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