159 Leslie StBloomfieldNJ07003
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 Bloomfield at 159 Leslie St, Bloomfield, NJ, 07003 priced at $525,000 converts $4,655/mo rent into $913/mo cash flow after a $2,570/mo obligation. Total monthly income equals $4,655/mo, and annual cash flow totals $10,950/yr on $172,725 invested. Return on cash invested prints 26.4% in year one, and rental yield reads 10.64% against a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation compiles into $145,048 by year five. Five-year ROI reaches 138.87% and total cumulative return in cash sums $239,865. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,655/mo property income covering a $2,570/mo payment, not borrower’s personal income.
Single Family
Built in 1925
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07003, Bloomfield, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,968 (100%) |
| Owner Occupied HU | 10,598 (46.1%) |
| Renter Occupied HU | 11,569 (50.4%) |
| Vacant Housing Units | 801 ( 3.5%) |
| Median Home Value | $487,407 |
| Average Home Value | $534,557 |
Housing Distribution
Address Breakdown
Residential
20,440
Single Family
14,128
Multi-Family
6,312
Businesses
1,460
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donovan Stewart • Stewart Realty Group
Mls Name: GSMLS
Mls ID: #4001190