232 Main StOgdensburgNJ07439
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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 232 Main St, Ogdensburg, NJ, 07439 offers $1,820/mo rent that, after a $1,297/mo payment. Total monthly income is $1,820/mo. Return on cash invested measures 18.97% in year one, and rental yield stands at 8.24% at a $265,000 entry. Equity gained on principal adds $1,710/yr while 5% annual appreciation compounds into $73,215 by year five. Five-year ROI records 99.08% and total cumulative return in cash reaches $87,039. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,820/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
0.83 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: Christopher Burns • Keller Williams Integrity
Mls Name: GSMLS
Mls ID: #3978682