148 Leona Stewart LnPenningtonNJ08534
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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
Investment property for sale in Pennington at 148 Leona Stewart Ln, Pennington, NJ, 08534 listed at $462,090 pairs $3,534/mo rent with a $2,262/mo payment to leave $240/mo cash flow. Total monthly income runs $3,534/mo, and annual cash flow reaches $2,880/yr on $153,183 cash to close. Return on cash invested measures 21.79% in year one, and rental yield registers 9.18% at a $462,090 basis. Equity gained on principal adds $2,982/yr, and annual property appreciation at 5% supports $127,667 by year five. Five-year ROI tracks 114.14% and total cumulative return in cash totals $174,850. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,534/mo property income relative to a $2,262/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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: DEBRA A. GLATZ • LENNAR SALES CORP
Mls Name: All Jersey MLS
Mls ID: #2661112M