The Lenape Plan, BALLANTINE WOODSAndoverNJ07821
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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 Andover at The Lenape Plan, BALLANTINE WOODS, Andover, NJ, 07821 offers a 7.84% rental yield on a $642,500 purchase with $4,200/mo rent. 9% in year one. Equity gained on principal adds $4,146/yr while 5% annual appreciation supports $177,511 over five years. Portfolio math shows five-year ROI at 93.32% and total cumulative return in cash at $197,255. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,200/mo property income against a $3,145/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07821, Andover, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,944 (100%) |
| Owner Occupied HU | 3,089 (78.3%) |
| Renter Occupied HU | 407 (10.3%) |
| Vacant Housing Units | 448 (11.4%) |
| Median Home Value | $451,606 |
| Average Home Value | $492,629 |
Housing Distribution
Address Breakdown
Residential
3,457
Single Family
3,457
Multi-Family
0
Businesses
213
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Listed by: N/A • Deacon Homes
Mls Name: Deacon Homes
Mls ID: #N/A