32 Walnut StPompton LakesNJ07442
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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 32 Walnut St, Pompton Lakes, NJ, 07442 priced at $750,000 pairs $4,080/mo rent with after a $3,671/mo payment. Total monthly income equals $4,080/mo. Return on cash invested is 13.9% in year one, and rental yield stands at 6.53% on a $750,000 basis. Equity gained on principal adds $4,840/yr, and 5% annual appreciation accumulates to $207,211 by year five. Five-year ROI measures 71.84% and total cumulative return in cash reaches $177,270. For financing, Ziffy Mortgage’s DSCR program evaluates $4,080/mo property income against a $3,671/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1960
4,791 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
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Listed by: Artur Tyszka • Keller Williams Prosperity Realty
Mls Name: GSMLS
Mls ID: #4004681