103 Echo Ridge WayMountainsideNJ07092
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSteady, low-maintenance, and fundable: 103 Echo Ridge Way, Mountainside, NJ, 07092 in Mountainside at $950,000. Rental yield 7.77%. The 7.77% yield and 1.46 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $262,467 by year five, and $8,750/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $291,903.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.2% |
| Monthly Cash Flow | $(1,272) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $6,246 |
| Total Monthly Debt Service | $7,033 |
| DSCR Ratio | 0.89x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2017
N/A lot
$N/A/sqft
$640 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07092, Mountainside, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,603 (100%) |
| Owner Occupied HU | 2,319 (89.1%) |
| Renter Occupied HU | 135 ( 5.2%) |
| Vacant Housing Units | 149 ( 5.7%) |
| Median Home Value | $765,240 |
| Average Home Value | $813,788 |
Housing Distribution
Address Breakdown
Residential
2,639
Single Family
2,541
Multi-Family
98
Businesses
386
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2017
N/A lot
$N/A/sqft
$640 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07092, Mountainside, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,603 (100%) |
| Owner Occupied HU | 2,319 (89.1%) |
| Renter Occupied HU | 135 ( 5.2%) |
| Vacant Housing Units | 149 ( 5.7%) |
| Median Home Value | $765,240 |
| Average Home Value | $813,788 |
Housing Distribution
Address Breakdown
Residential
2,639
Single Family
2,541
Multi-Family
98
Businesses
386
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jean Marie Morgan • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3970645
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