104 Ridgedale AveCedar KnollsNJ07927
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
Investment Highlights
Investment property for sale in Cedar Knolls at 104 Ridgedale Ave, Cedar Knolls, NJ, 07927 with 5% annual appreciation on a $1,200,000 basis while $3,715/mo rent supports operations. 44% in year one. Equity gained on principal adds $7,743/yr, and five-year appreciation sums $331,538 alongside rental yield of 3.72%. Five-year ROI measures 26.4% and total cumulative return in cash totals $102,635. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,715/mo property income versus a $5,873/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in N/A
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07927, Cedar Knolls, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,855 (100%) |
| Owner Occupied HU | 1,252 (67.5%) |
| Renter Occupied HU | 539 (29.1%) |
| Vacant Housing Units | 64 ( 3.5%) |
| Median Home Value | $639,865 |
| Average Home Value | $654,393 |
Housing Distribution
Address Breakdown
Residential
1,712
Single Family
1,656
Multi-Family
56
Businesses
376
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erica Travis • Compass New Jersey, Llc
Mls Name: GSMLS
Mls ID: #3998184