Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Ledgewood at 180 Drake Ln, Ledgewood, NJ, 07852 offers $3,013/mo rent that, after a $1,946/mo payment. Total monthly income is $3,013/mo. Return on cash invested measures 18.92% in year one, and rental yield stands at 9.09% at a $397,600 entry. Equity gained on principal adds $2,566/yr while 5% annual appreciation compounds into $109,850 by year five. Five-year ROI records 99.73% and total cumulative return in cash reaches $131,454. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,013/mo property income versus a $1,946/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1989
8,276 sqft lot
$N/A/sqft
$288 monthly HOA
Neighborhood data shown for ZIP Code: 07852, Ledgewood, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,565 (100%) |
| Owner Occupied HU | 1,236 (79.0%) |
| Renter Occupied HU | 286 (18.3%) |
| Vacant Housing Units | 43 ( 2.7%) |
| Median Home Value | $499,682 |
| Average Home Value | $518,746 |
Residential
1,747
Single Family
1,747
Multi-Family
0
Businesses
260
Date | Event | Price |
|---|---|---|
| 2025-07-08 | Listing removed | $399,999 |
| 2025-06-27 | Price change | $399,999 |
| 2025-06-02 | Listed for sale | $420,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-09 | $5635.45 | 1.59% | $205,000 | N/A |
| 2023-10-09 | $5547.30 | 0.97% | $205,000 | N/A |
| 2022-10-09 | $5494.00 | 1.75% | $205,000 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
