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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Leonardo at 20 Koosman Drive, Leonardo, NJ, 07737 listed at $725,000 pairs $5,126/mo rent with a $3,549/mo payment. Total monthly income runs $5,126/mo. Return on cash invested measures 19.85% in year one, and rental yield registers 8.48% at a $725,000 basis. Equity gained on principal adds $4,678/yr, and annual property appreciation at 5% supports $200,304 by year five. Five-year ROI tracks 103.71% and total cumulative return in cash totals $247,385. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,126/mo property income relative to a $3,549/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07737, Leonardo, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,619 (100%) |
| Owner Occupied HU | 1,336 (82.5%) |
| Renter Occupied HU | 203 (12.5%) |
| Vacant Housing Units | 80 ( 4.9%) |
| Median Home Value | $589,435 |
| Average Home Value | $661,622 |
Residential
1,529
Single Family
1,529
Multi-Family
0
Businesses
71
Date | Event | Price |
|---|---|---|
| 2021-03-09 | Listing removed | N/A |
| 2020-07-09 | Sold | $445,000 |
| 2020-04-22 | Price change | $453,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $11052.76 | 0.13% | $671,900 | 5.79% |
| 2023-05-29 | $11038.04 | 12.47% | $635,100 | 21.85% |
| 2022-05-29 | $9814.20 | 5.34% | $521,200 | 16.37% |
Listed by: Brian P Mcnamara • Heritage House Sotheby's International Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22515679
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
