100 Pierson Miller Dr BLDG E #E2Pompton LakesNJ07442
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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 Pompton Lakes at 100 Pierson Miller Dr BLDG E #E2, Pompton Lakes, NJ, 07442 earns from $1,657/mo rent with a $1,150/mo payment. Total monthly income totals $1,657/mo. ROI tracks 13.33% on current figures, and rental yield reads 8.46% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 71.14% and total cumulative return in cash sums $55,420. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,657/mo property income instead of your personal income.
Condo
Built in 1970
2,613 sqft lot
$N/A/sqft
$409 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07442, Pompton Lakes, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,338 (100%) |
| Owner Occupied HU | 3,241 (74.7%) |
| Renter Occupied HU | 937 (21.6%) |
| Vacant Housing Units | 160 ( 3.7%) |
| Median Home Value | $486,150 |
| Average Home Value | $495,896 |
Housing Distribution
Address Breakdown
Residential
4,302
Single Family
4,097
Multi-Family
205
Businesses
403
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Listed by: Myungsuk Park • Re/Max Select
Mls Name: GSMLS
Mls Provider:
Mls ID: #3983845
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