33 Ramapo AvePompton 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
Investment property for sale in Pompton Lakes at 33 Ramapo Ave, Pompton Lakes, NJ, 07442 earns from $5,899/mo rent with a $4,772/mo payment. Total monthly income totals $5,899/mo. ROI tracks 16.13% on current figures, and rental yield reads 7.26% at a $975,000 purchase. Equity gained on principal adds $6,292/yr, and 5% annual appreciation supports $269,375 over five years. Five-year ROI reaches 83.78% and total cumulative return in cash sums $268,755. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,899/mo property income instead of your personal income.
Single Family
Built in N/A
0.64 Acres 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: Lisa Mccafferty • Howard Hanna Rand Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3967004
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