122 Howard TerLeoniaNJ07605
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 122 Howard Ter, Leonia, NJ, 07605 in Leonia. Rental yield 6.03%. The 1.12 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $325,183 and $10,840/yr in principal reduction project total return of $291,924.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 6.2% |
| Monthly Cash Flow | $(2,473) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $5,916 |
| Total Monthly Debt Service | $7,921 |
| DSCR Ratio | 0.75x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07605, Leonia, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,425 (100%) |
| Owner Occupied HU | 2,166 (63.2%) |
| Renter Occupied HU | 1,160 (33.9%) |
| Vacant Housing Units | 99 ( 2.9%) |
| Median Home Value | $679,721 |
| Average Home Value | $709,865 |
Housing Distribution
Address Breakdown
Residential
3,398
Single Family
3,010
Multi-Family
388
Businesses
256
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
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07605, Leonia, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,425 (100%) |
| Owner Occupied HU | 2,166 (63.2%) |
| Renter Occupied HU | 1,160 (33.9%) |
| Vacant Housing Units | 99 ( 2.9%) |
| Median Home Value | $679,721 |
| Average Home Value | $709,865 |
Housing Distribution
Address Breakdown
Residential
3,398
Single Family
3,010
Multi-Family
388
Businesses
256
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah JeeEun Chung • Christie's International Real Estate Group-Fort Lee
Mls Name: NJMLS
Mls Provider:
Mls ID: #25021279
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 2025-10-31 03:13:26 PDT Source: New Jersey Multiple Listing, Inc. 2025 New Jersey Multiple Listing Service Inc. All rights reserved.