10 Villa CtPark RidgeNJ07656
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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 Park Ridge at 10 Villa Ct, Park Ridge, NJ, 07656 priced at $829,000 pairs $5,040/mo rent with after a $4,058/mo payment. Total monthly income equals $5,040/mo. Return on cash invested is 16.23% in year one, and rental yield stands at 7.3% on a $829,000 basis. Equity gained on principal adds $5,349/yr, and 5% annual appreciation accumulates to $229,037 by year five. Five-year ROI measures 84.35% and total cumulative return in cash reaches $230,056. For financing, Ziffy Mortgage’s DSCR program evaluates $5,040/mo property income against a $4,058/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07656, Park Ridge, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,788 (100%) |
| Owner Occupied HU | 2,785 (73.5%) |
| Renter Occupied HU | 885 (23.4%) |
| Vacant Housing Units | 118 ( 3.1%) |
| Median Home Value | $725,593 |
| Average Home Value | $778,660 |
Housing Distribution
Address Breakdown
Residential
3,665
Single Family
3,525
Multi-Family
140
Businesses
337
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Listed by: Nicole Moody • Keller Williams Village Square Realty
Mls Name: NJMLS
Mls ID: #26001116