96 Papscoe RdHewittNJ07421
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hewitt at 96 Papscoe Rd, Hewitt, NJ, 07421 at $419,900 posts ROI 23.37% with $401/mo cash flow from $3,394/mo rent. Total monthly income equals $3,394/mo, and annual cash flow records $4,815/yr on $139,197 to close. Return on cash invested measures 23.37% and rental yield reads 9.7% at the current $419,900. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,011 by year five. Five-year ROI prints 122.65% and total cumulative return in cash totals $170,724.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,394/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1999
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07421, Hewitt, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,267 (100%) |
| Owner Occupied HU | 2,440 (74.7%) |
| Renter Occupied HU | 346 (10.6%) |
| Vacant Housing Units | 481 (14.7%) |
| Median Home Value | $466,094 |
| Average Home Value | $531,077 |
Housing Distribution
Address Breakdown
Residential
3,038
Single Family
3,038
Multi-Family
0
Businesses
202
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Nearby investment properties with comparable prices
Listed by: Mark Werner • Werner Realty
Mls Name: GSMLS
Mls ID: #3996839