1 Leary LnEdgewaterNJ07020
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 Edgewater at 1 Leary Ln, Edgewater, NJ, 07020 at $690,000 posts ROI 13.12% with from $3,605/mo rent. Total monthly income equals $3,605/mo. Return on cash invested measures 13.12% and rental yield reads 6.27% at the current $690,000. Equity gained on principal adds $4,452/yr, and 5% annual appreciation supports $190,634 by year five. Five-year ROI prints 67.63% and total cumulative return in cash totals $153,536. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,605/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07020, Edgewater, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,338 (100%) |
| Owner Occupied HU | 2,578 (35.1%) |
| Renter Occupied HU | 4,135 (56.4%) |
| Vacant Housing Units | 625 ( 8.5%) |
| Median Home Value | $847,464 |
| Average Home Value | $933,297 |
Housing Distribution
Address Breakdown
Residential
7,398
Single Family
2,466
Multi-Family
4,932
Businesses
590
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Evelyn Rafter • Evelyn G. Rafter & Associates
Mls Name: NJMLS
Mls ID: #25028331