96 Papscoe RdHewittNJ07421
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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 Hewitt at 96 Papscoe Rd, Hewitt, NJ, 07421 earns $547/mo cash flow from $3,540/mo rent with a $2,055/mo payment. Total monthly income totals $3,540/mo, and annual cash flow totals $6,567/yr on $139,197 capital. ROI tracks 24.63% on current figures, and rental yield reads 10.12% at a $419,900 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,011 over five years. Five-year ROI reaches 129.39% and total cumulative return in cash sums $180,108. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,540/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: 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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Listed by: Mark Werner • Werner Realty
Mls Name: NJMLS
Mls ID: #25039947