124 Chamone AvenueLeonardoNJ07737
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 Leonardo at 124 Chamone Avenue, Leonardo, NJ, 07737 at $575,000 posts ROI 19.79% with from $4,056/mo rent. Total monthly income equals $4,056/mo. Return on cash invested measures 19.79% and rental yield reads 8.46% at the current $575,000. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 by year five. Five-year ROI prints 103.42% and total cumulative return in cash totals $195,647. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,056/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07737, Leonardo, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,619 (100%) |
| Owner Occupied HU | 1,336 (82.5%) |
| Renter Occupied HU | 203 (12.5%) |
| Vacant Housing Units | 80 ( 4.9%) |
| Median Home Value | $589,435 |
| Average Home Value | $661,622 |
Housing Distribution
Address Breakdown
Residential
1,529
Single Family
1,529
Multi-Family
0
Businesses
71
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Nearby investment properties with comparable prices
Listed by: Alexandra Lubin • Heritage House Sotheby's International Realty
Mls Name: MoreMLS
Mls ID: #22525402