8 Clement LaneLeonardoNJ07737
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
Investment Highlights
Investment property for sale in Leonardo at 8 Clement Lane, Leonardo, NJ, 07737 with 5% annual appreciation on a $619,000 basis while $3,289/mo rent supports operations. 44% in year one. Equity gained on principal adds $3,994/yr, and five-year appreciation sums $171,018 alongside rental yield of 6.38%. Five-year ROI measures 69.37% and total cumulative return in cash totals $141,265. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,289/mo property income versus a $3,030/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1943
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07737, Leonardo, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,619 (100%) |
| Owner Occupied HU | 1,336 (82.5%) |
| Renter Occupied HU | 203 (12.5%) |
| Vacant Housing Units | 80 ( 4.9%) |
| Median Home Value | $589,435 |
| Average Home Value | $661,622 |
Housing Distribution
Address Breakdown
Residential
1,529
Single Family
1,529
Multi-Family
0
Businesses
71
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Domenick Acerra • EXP Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22517327
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.