96 Center AvenueLeonardoNJ07737
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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
Total monthly income runs $2,259/mo, and a $1,591/mo payment. Purchase price stands at $325,000, and rental yield measures 8.34% with $2,259/mo rent. Return on cash invested shows 19.26% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 100.66% and total cumulative return in cash records $108,445. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,259/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1943
9,583 sqft 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
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Listed by: Paul Ziajski • Atlantic Real Estate Brokers, LLC
Mls Name: MoreMLS
Mls ID: #22513979