49 Appleton AvenueLeonardoNJ07737
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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 Leonardo at 49 Appleton Avenue, Leonardo, NJ, 07737 offers a 7.37% rental yield on a $765,000 purchase with $4,696/mo rent. 45% in year one. Equity gained on principal adds $4,936/yr while 5% annual appreciation supports $211,355 over five years. Portfolio math shows five-year ROI at 85.52% and total cumulative return in cash at $215,243. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,696/mo property income against a $3,744/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.50 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
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Listed by: Susan Natale • Coldwell Banker Realty
Mls Name: MoreMLS
Mls ID: #22536733