104 Ridgeview LnMount ArlingtonNJ07856
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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 Mount Arlington at 104 Ridgeview Ln, Mount Arlington, NJ, 07856 listed at $465,000 pairs $3,410/mo rent with a $2,276/mo payment to leave $96/mo cash flow. Total monthly income runs $3,410/mo, and annual cash flow reaches $1,146/yr on $154,148 cash to close. Return on cash invested measures 20.65% in year one, and rental yield registers 8.8% at a $465,000 basis. Equity gained on principal adds $3,001/yr, and annual property appreciation at 5% supports $128,471 by year five. Five-year ROI tracks 108.07% and total cumulative return in cash totals $166,583. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,410/mo property income relative to a $2,276/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07856, Mount Arlington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,476 (100%) |
| Owner Occupied HU | 1,574 (63.6%) |
| Renter Occupied HU | 673 (27.2%) |
| Vacant Housing Units | 229 ( 9.2%) |
| Median Home Value | $465,155 |
| Average Home Value | $571,722 |
Housing Distribution
Address Breakdown
Residential
2,526
Single Family
2,048
Multi-Family
478
Businesses
130
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Listed by: Regina Ashworth • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3984950