16 Romondt RdPompton PlainsNJ07444
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 Pompton Plains at 16 Romondt Rd, Pompton Plains, NJ, 07444 at $610,300 posts ROI 28.42% with $1,399/mo cash flow from $5,749/mo rent. Total monthly income equals $5,749/mo, and annual cash flow records $16,788/yr on $200,789 to close. Return on cash invested measures 28.42% and rental yield reads 11.3% at the current $610,300. Equity gained on principal adds $3,938/yr, and 5% annual appreciation supports $168,615 by year five. Five-year ROI prints 149.68% and total cumulative return in cash totals $300,545.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,749/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07444, Pompton Plains, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,038 (100%) |
| Owner Occupied HU | 3,860 (76.6%) |
| Renter Occupied HU | 943 (18.7%) |
| Vacant Housing Units | 235 ( 4.7%) |
| Median Home Value | $614,613 |
| Average Home Value | $629,346 |
Housing Distribution
Address Breakdown
Residential
4,929
Single Family
2,815
Multi-Family
2,114
Businesses
419
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A