942 County Road 517HackettstownNJ07840
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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
Rental property for sale in Hackettstown at 942 County Road 517, Hackettstown, NJ, 07840 generates $2,677/mo in rent, after a $2,055/mo payment. Total monthly income is $2,677/mo. Return on cash invested sits at 17.19% in year one, and rental yield is 7.65% on a $419,900 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 89.5% and total cumulative return in cash sums $124,584. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,677/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
1.34 Acres 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: Samir M. Elbassiouny • Realty One Group Next Door
Mls Name: GSMLS
Mls ID: #3976652