414 W Washington AvenuePleasantvilleNJ08232
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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 Pleasantville at 414 W Washington Avenue, Pleasantville, NJ, 08232 priced at $449,900 converts $2,299/mo rent into after a $2,202/mo obligation. Total monthly income equals $2,299/mo. Return on cash invested prints 12.6% in year one, and rental yield reads 6.13% against a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation compiles into $124,299 by year five. Five-year ROI reaches 64.92% and total cumulative return in cash sums $96,826. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,299/mo property income covering a $2,202/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08232, Pleasantville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,662 (100%) |
| Owner Occupied HU | 3,379 (44.1%) |
| Renter Occupied HU | 3,760 (49.1%) |
| Vacant Housing Units | 523 ( 6.8%) |
| Median Home Value | $257,981 |
| Average Home Value | $336,699 |
Housing Distribution
Address Breakdown
Residential
6,651
Single Family
6,029
Multi-Family
622
Businesses
674
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Listed by: George Pavlushkin • RE/MAX Central
Mls Name: MoreMLS
Mls ID: #22601418