40 Lazarus DrLedgewoodNJ07852
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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 Ledgewood at 40 Lazarus Dr, Ledgewood, NJ, 07852 listed at $814,900 pairs $0/mo rent with a $3,989/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -5.94% in year one, and rental yield registers 0% at a $814,900 basis. Equity gained on principal adds $5,258/yr, and annual property appreciation at 5% supports $225,142 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $3,989/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07852, Ledgewood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,565 (100%) |
| Owner Occupied HU | 1,236 (79.0%) |
| Renter Occupied HU | 286 (18.3%) |
| Vacant Housing Units | 43 ( 2.7%) |
| Median Home Value | $499,682 |
| Average Home Value | $518,746 |
Housing Distribution
Address Breakdown
Residential
1,747
Single Family
1,747
Multi-Family
0
Businesses
260
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No similar rental properties found nearby.
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Listed by: Antoinette Depiano • Keller Williams Metropolitan
Mls Name: GSMLS
Mls Provider:
Mls ID: #3929377
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