26 Lakeside Ave #1Pompton LakesNJ07442
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pompton Lakes at 26 Lakeside Ave #1, Pompton Lakes, NJ, 07442 earns from $3,120/mo rent with a $4,894/mo payment. Total monthly income totals $3,120/mo. ROI tracks 5.44% on current figures, and rental yield reads 3.74% at a $999,900 purchase. Equity gained on principal adds $6,452/yr, and 5% annual appreciation supports $276,254 over five years. Five-year ROI reaches 26.47% and total cumulative return in cash sums $87,068. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,120/mo property income instead of your personal income.
Apartment
Built in 1930
10,454 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michele Belfiore • Keller Williams Prosperity Realty
Mls Name: GSMLS
Mls ID: #4005452