68 Central AvePompton 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 68 Central Ave, Pompton Lakes, NJ, 07442 uses $149,175 cash to close to unlock $10,464/yr annual cash flow and $872/mo monthly cash flow. Total monthly income runs $4,080/mo, and a $2,203/mo payment keeps the spread at $872/mo. Purchase price stands at $450,000, and rental yield measures 10.88% with $4,080/mo rent. Return on cash invested shows 26.92% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 141.69% and total cumulative return in cash records $211,362. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,080/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A 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: Elizabeth Kluft-Badway • Terrie O'Connor Realtors-Ridgewood
Mls Name: NJMLS
Mls ID: #26003202