69 High StLeesburgNJ08327
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 69 High St, Leesburg, NJ, 08327 in Leesburg is listed at $259,900 and delivers $2,149/mo in rent and $296/mo in net monthly cash flow. The 9.92% yield and 1.84 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $71,806 over five years, and $2,394/yr in principal reduction supplements cash return. Total projected cumulative return: $118,692.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 6.2% |
| Monthly Cash Flow | $296 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,149 |
| Total Monthly Debt Service | $1,749 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1973
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08327, Leesburg, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 350 (100%) |
| Owner Occupied HU | 241 (68.9%) |
| Renter Occupied HU | 40 (11.4%) |
| Vacant Housing Units | 69 (19.7%) |
| Median Home Value | $219,186 |
| Average Home Value | $315,436 |
Housing Distribution
Address Breakdown
Residential
100
Single Family
100
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1973
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08327, Leesburg, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 350 (100%) |
| Owner Occupied HU | 241 (68.9%) |
| Renter Occupied HU | 40 (11.4%) |
| Vacant Housing Units | 69 (19.7%) |
| Median Home Value | $219,186 |
| Average Home Value | $315,436 |
Housing Distribution
Address Breakdown
Residential
100
Single Family
100
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mr. Calvin M Boone JR. • Coldwell Banker Excel Realty
Mls Name: Bright MLS
Mls ID: #NJCB2028250