85 Newell RdLeesburgNJ08327
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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
Rental property for sale in Leesburg at 85 Newell Rd, Leesburg, NJ, 08327 priced at $269,900 converts $1,858/mo rent into after a $1,321/mo obligation. Total monthly income equals $1,858/mo. Return on cash invested prints 19.03% in year one, and rental yield reads 8.26% against a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,568 by year five. Five-year ROI reaches 99.38% and total cumulative return in cash sums $88,914. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,858/mo property income covering a $1,321/mo payment, not borrower’s personal income.
Single Family
Built in 1900
12.80 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
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Listed by: Michael Moore • Tealestate LLC
Mls Name: Bright MLS
Mls ID: #NJCB2025210