14 Ward AveLeesburgNJ08327
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
Rental property for sale in Leesburg at 14 Ward Ave, Leesburg, NJ, 08327 offers $2,995/mo rent that, after a $1,713/mo payment, leaves $500/mo cash flow. Total monthly income is $2,995/mo, and annual cash flow is $6,004/yr on $116,025 cash. Return on cash invested measures 25.08% in year one, and rental yield stands at 10.27% at a $349,999 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,698 by year five. Five-year ROI records 131.85% and total cumulative return in cash reaches $152,978. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,995/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08327, Leesburg, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 350 (100%) |
| Owner Occupied HU | 241 (68.9%) |
| Renter Occupied HU | 40 (11.4%) |
| Vacant Housing Units | 69 (19.7%) |
| Median Home Value | $219,186 |
| Average Home Value | $315,436 |
Housing Distribution
Address Breakdown
Residential
100
Single Family
100
Multi-Family
0
Businesses
25
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Listed by: Tina Swink • Swink Realty
Mls Name: Bright MLS
Mls ID: #NJCB2027532