109 Hawthorne Ave APT CPark RidgeNJ07656
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 Park Ridge at 109 Hawthorne Ave APT C, Park Ridge, NJ, 07656 at $495,000 posts ROI 24.38% with $612/mo cash flow from $4,140/mo rent. Total monthly income equals $4,140/mo, and annual cash flow records $7,338/yr on $164,093 to close. Return on cash invested measures 24.38% and rental yield reads 10.04% at the current $495,000. Equity gained on principal adds $3,194/yr, and 5% annual appreciation supports $136,759 by year five. Five-year ROI prints 128.06% and total cumulative return in cash totals $210,142.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,140/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
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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Nearby investment properties with comparable prices
Listed by: Mary LaViola • RE/MAX Signature Homes
Mls Name: NJMLS
Mls ID: #25039806