520 Turnpike C207 UNIT 207Pompton PlainsNJ07444
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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 Pompton Plains at 520 Turnpike C207 UNIT 207, Pompton Plains, NJ, 07444 earns from $2,280/mo rent with a $1,467/mo payment. Total monthly income totals $2,280/mo. ROI tracks 17.43% on current figures, and rental yield reads 9.13% at a $299,700 purchase. Equity gained on principal adds $1,934/yr, and 5% annual appreciation supports $82,802 over five years. Five-year ROI reaches 92.31% and total cumulative return in cash sums $91,706. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,280/mo property income instead of your personal income.
Condo
Built in 1986
4,791 sqft lot
$N/A/sqft
$349 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07444, Pompton Plains, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,038 (100%) |
| Owner Occupied HU | 3,860 (76.6%) |
| Renter Occupied HU | 943 (18.7%) |
| Vacant Housing Units | 235 ( 4.7%) |
| Median Home Value | $614,613 |
| Average Home Value | $629,346 |
Housing Distribution
Address Breakdown
Residential
4,929
Single Family
2,815
Multi-Family
2,114
Businesses
419
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Listed by: Maria Mohan • Weichert Realtors
Mls Name: GSMLS
Mls Provider:
Mls ID: #3942570
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