57 Leonard AveTenaflyNJ07670
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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 Tenafly at 57 Leonard Ave, Tenafly, NJ, 07670 at $1,599,000 posts ROI 5.73% with from $5,077/mo rent. Total monthly income equals $5,077/mo. Return on cash invested measures 5.73% and rental yield reads 3.81% at the current $1,599,000. Equity gained on principal adds $10,318/yr, and 5% annual appreciation supports $441,774 by year five. Five-year ROI prints 27.97% and total cumulative return in cash totals $144,913. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,077/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07670, Tenafly, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,148 (100%) |
| Owner Occupied HU | 3,825 (74.3%) |
| Renter Occupied HU | 1,083 (21.0%) |
| Vacant Housing Units | 240 ( 4.7%) |
| Median Home Value | $981,899 |
| Average Home Value | $1,176,120 |
Housing Distribution
Address Breakdown
Residential
5,072
Single Family
5,004
Multi-Family
68
Businesses
547
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Listed by: Terry Lee • Corcoran Infinity Properties, River Vale
Mls Name: NJMLS
Mls ID: #25025381