40 Pondside Dr UNIT 40LedgewoodNJ07852
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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 Pondside Dr UNIT 40, Ledgewood, NJ, 07852 offers a 0% rental yield on a $474,000 purchase with $0/mo rent. 64% in year one. Equity gained on principal adds $3,059/yr while 5% annual appreciation supports $130,957 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,320/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2008
3,920 sqft lot
$N/A/sqft
$360 monthly 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Yvette Berta • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3929110
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