8 Lesko TerOgdensburgNJ07439
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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 Ogdensburg at 8 Lesko Ter, Ogdensburg, NJ, 07439 uses $149,175 cash to close to unlock $4,572/yr annual cash flow and $381/mo monthly cash flow. Total monthly income runs $3,589/mo, and a $2,203/mo payment keeps the spread at $381/mo. Purchase price stands at $450,000, and rental yield measures 9.57% with $3,589/mo rent. Return on cash invested shows 22.97% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 120.5% and total cumulative return in cash records $179,754. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,589/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07439, Ogdensburg, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 945 (100%) |
| Owner Occupied HU | 768 (81.3%) |
| Renter Occupied HU | 136 (14.4%) |
| Vacant Housing Units | 41 ( 4.3%) |
| Median Home Value | $328,249 |
| Average Home Value | $332,350 |
Housing Distribution
Address Breakdown
Residential
852
Single Family
852
Multi-Family
0
Businesses
48
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Listed by: Caitlin D. Schlaffer • Keller Williams Integrity
Mls Name: GSMLS
Mls ID: #4007716