45 Viola AveLeonardoNJ07737
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 45 Viola Ave, Leonardo, NJ, 07737 in Leonardo. Priced at $499,900, it generates $4,484/mo in gross rent and $921/mo in net monthly cash flow, a 10.76% yield that comfortably supports the 1.99 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $11,054. Five-year appreciation: $138,113. Equity from principal paydown: $4,604/yr. Total projected cumulative return: $250,842.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.2% |
| Monthly Cash Flow | $921 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,484 |
| Total Monthly Debt Service | $3,364 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1959
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07737, Leonardo, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,619 (100%) |
| Owner Occupied HU | 1,336 (82.5%) |
| Renter Occupied HU | 203 (12.5%) |
| Vacant Housing Units | 80 ( 4.9%) |
| Median Home Value | $589,435 |
| Average Home Value | $661,622 |
Housing Distribution
Address Breakdown
Residential
1,529
Single Family
1,529
Multi-Family
0
Businesses
71
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1959
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07737, Leonardo, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,619 (100%) |
| Owner Occupied HU | 1,336 (82.5%) |
| Renter Occupied HU | 203 (12.5%) |
| Vacant Housing Units | 80 ( 4.9%) |
| Median Home Value | $589,435 |
| Average Home Value | $661,622 |
Housing Distribution
Address Breakdown
Residential
1,529
Single Family
1,529
Multi-Family
0
Businesses
71
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: All Jersey MLS
Mls ID: #2612960R