108 Leona Stewart LnPenningtonNJ08534
Nearby investment properties with comparable rents
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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 Pennington at 108 Leona Stewart Ln, Pennington, NJ, 08534 priced at $481,915 pairs $2,880/mo rent with after a $2,359/mo payment. Total monthly income equals $2,880/mo. Return on cash invested is 15.74% in year one, and rental yield stands at 7.17% on a $481,915 basis. Equity gained on principal adds $3,110/yr, and 5% annual appreciation accumulates to $133,144 by year five. Five-year ROI measures 81.71% and total cumulative return in cash reaches $130,530. For financing, Ziffy Mortgage’s DSCR program evaluates $2,880/mo property income against a $2,359/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08534, Pennington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,297 (100%) |
| Owner Occupied HU | 4,071 (76.9%) |
| Renter Occupied HU | 830 (15.7%) |
| Vacant Housing Units | 396 ( 7.5%) |
| Median Home Value | $647,239 |
| Average Home Value | $688,336 |
Housing Distribution
Address Breakdown
Residential
5,033
Single Family
4,781
Multi-Family
252
Businesses
706
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Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A