4 Ledgewood TrlKinnelonNJ07405
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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 Kinnelon at 4 Ledgewood Trl, Kinnelon, NJ, 07405 uses $279,284 cash to close to unlock $7,118/yr annual cash flow and $593/mo monthly cash flow. Total monthly income runs $6,644/mo, and a $4,155/mo payment keeps the spread at $593/mo. Purchase price stands at $848,888, and rental yield measures 9.39% with $6,644/mo rent. Return on cash invested shows 22.61% in year one, and 5% annual appreciation builds toward $234,532 over five years. Five-year ROI reaches 118.54% and total cumulative return in cash records $331,052. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,644/mo property income covering a $4,155/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07405, Butler, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,017 (100%) |
| Owner Occupied HU | 5,399 (76.9%) |
| Renter Occupied HU | 1,364 (19.4%) |
| Vacant Housing Units | 254 ( 3.6%) |
| Median Home Value | $611,884 |
| Average Home Value | $677,545 |
Housing Distribution
Address Breakdown
Residential
6,892
Single Family
6,786
Multi-Family
106
Businesses
617
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Listed by: Jane Devincentis • Prominent Properties Sir
Mls Name: GSMLS
Mls ID: #3995103