204 Federal Hill Rd UNIT 204Pompton LakesNJ07442
Nearby investment properties with comparable rents
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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
Rental property for sale in Pompton Lakes at 204 Federal Hill Rd UNIT 204, Pompton Lakes, NJ, 07442 generates $3,498/mo in rent and, after a $1,689/mo payment, leaves $748/mo in cash flow. Total monthly income is $3,498/mo, and annual cash flow is $8,970/yr on $114,368 invested. Return on cash invested sits at 27.75% in year one, and rental yield is 12.17% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 147.24% and total cumulative return in cash sums $168,400. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,498/mo property income rather than buyer’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$291 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07442, Pompton Lakes, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,338 (100%) |
| Owner Occupied HU | 3,241 (74.7%) |
| Renter Occupied HU | 937 (21.6%) |
| Vacant Housing Units | 160 ( 3.7%) |
| Median Home Value | $486,150 |
| Average Home Value | $495,896 |
Housing Distribution
Address Breakdown
Residential
4,302
Single Family
4,097
Multi-Family
205
Businesses
403
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Listed by: Nicola Casasanta • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3936413
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