86 Lakeview Ct #86Pompton 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
Rental property for sale in Pompton Lakes at 86 Lakeview Ct #86, Pompton Lakes, NJ, 07442 generates $3,274/mo in rent and, after a $579/mo payment, leaves $2,431/mo in cash flow. Total monthly income is $3,274/mo, and annual cash flow is $29,170/yr on $39,216 invested. Return on cash invested sits at 94.29% in year one, and rental yield is 33.21% on a $118,300 entry. Equity gained on principal adds $763/yr, while 5% annual appreciation builds toward $32,684 over five years. Five-year ROI reaches 502.97% and total cumulative return in cash sums $197,245. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,274/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
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: Deborah Daly • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3966686