217 Main St LedgeLedgewoodNJ07852
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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
Investment property for sale in Ledgewood at 217 Main St Ledge, Ledgewood, NJ, 07852 at $775,000 posts ROI 10.46% with from $3,484/mo rent. Total monthly income equals $3,484/mo. Return on cash invested measures 10.46% and rental yield reads 5.39% at the current $775,000. Equity gained on principal adds $5,001/yr, and 5% annual appreciation supports $214,118 by year five. Five-year ROI prints 53.39% and total cumulative return in cash totals $136,135. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,484/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in N/A
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07852, Ledgewood, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,747
Single Family
1,747
Multi-Family
0
Businesses
260
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Nearby investment properties with comparable prices
Listed by: Kathleen Courter • Re/Max House Values
Mls Name: GSMLS
Mls Provider:
Mls ID: #3956638
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