12 Central AvePompton LakesNJ07442
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 Pompton Lakes at 12 Central Ave, Pompton Lakes, NJ, 07442 at $369,888 posts ROI 22.93% with $309/mo cash flow from $3,120/mo rent. Total monthly income equals $3,120/mo, and annual cash flow records $3,706/yr on $122,618 to close. Return on cash invested measures 22.93% and rental yield reads 10.12% at the current $369,888. Equity gained on principal adds $2,387/yr, and 5% annual appreciation supports $102,193 by year five. Five-year ROI prints 120.89% and total cumulative return in cash totals $148,230.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,120/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1949
10,018 sqft lot
$N/A/sqft
No 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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Nearby investment properties with comparable prices
Listed by: Orly Steinberg • Keller Williams Village Square
Mls Name: GSMLS
Mls Provider:
Mls ID: #3929630
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