1216 Ringwood AveHaskellNJ07420
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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 Haskell at 1216 Ringwood Ave, Haskell, NJ, 07420 listed at $575,000 pairs $3,496/mo rent with a $2,814/mo payment. Total monthly income runs $3,496/mo. Return on cash invested measures 16.24% in year one, and rental yield registers 7.3% at a $575,000 basis. Equity gained on principal adds $3,710/yr, and annual property appreciation at 5% supports $158,862 by year five. Five-year ROI tracks 84.37% and total cumulative return in cash totals $159,611. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,496/mo property income relative to a $2,814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1917
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07420, Haskell, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,919 (100%) |
| Owner Occupied HU | 1,536 (80.0%) |
| Renter Occupied HU | 325 (16.9%) |
| Vacant Housing Units | 58 ( 3.0%) |
| Median Home Value | $389,264 |
| Average Home Value | $404,006 |
Housing Distribution
Address Breakdown
Residential
1,826
Single Family
1,826
Multi-Family
0
Businesses
163
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Listed by: Sabrina Taha • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4003121