6 Park PlPompton LakesNJ07442
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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 Lakes at 6 Park Pl, Pompton Lakes, NJ, 07442 earns $90/mo cash flow from $4,080/mo rent with a $2,740/mo payment. Total monthly income totals $4,080/mo, and annual cash flow totals $1,075/yr on $184,207 capital. ROI tracks 20.64% on current figures, and rental yield reads 8.74% at a $559,900 purchase. Equity gained on principal adds $3,613/yr, and 5% annual appreciation supports $154,690 over five years. Five-year ROI reaches 108% and total cumulative return in cash sums $198,946. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,080/mo property income instead of your personal income.
Single Family
Built in 1965
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07442, Pompton Lakes, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,338 (100%) |
| Owner Occupied HU | 3,241 (74.7%) |
| Renter Occupied HU | 937 (21.6%) |
| Vacant Housing Units | 160 ( 3.7%) |
| Median Home Value | $486,150 |
| Average Home Value | $495,896 |
Housing Distribution
Address Breakdown
Residential
4,302
Single Family
4,097
Multi-Family
205
Businesses
403
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Listed by: Frank Abate • Keller Williams Prosperity Realty
Mls Name: GSMLS
Mls ID: #3977323