21 Edison AveOgdensburgNJ07439
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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 Ogdensburg at 21 Edison Ave, Ogdensburg, NJ, 07439 priced at $300,000 converts $2,060/mo rent into after a $1,468/mo obligation. Total monthly income equals $2,060/mo. Return on cash invested prints 18.97% in year one, and rental yield reads 8.24% against a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 99.02% and total cumulative return in cash sums $98,472. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,060/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1880
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07439, Ogdensburg, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 945 (100%) |
| Owner Occupied HU | 768 (81.3%) |
| Renter Occupied HU | 136 (14.4%) |
| Vacant Housing Units | 41 ( 4.3%) |
| Median Home Value | $328,249 |
| Average Home Value | $332,350 |
Housing Distribution
Address Breakdown
Residential
852
Single Family
852
Multi-Family
0
Businesses
48
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Listed by: Victoria Dipaolo-castelonia • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4001648