132 Chestnut Ridge RdSaddle RiverNJ07458
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
Rental property for sale in Saddle River at 132 Chestnut Ridge Rd, Saddle River, NJ, 07458 offers $20,050/mo rent that, after a $9,734/mo payment, leaves $5,874/mo cash flow. Total monthly income is $20,050/mo, and annual cash flow is $70,492/yr on $644,371 cash. Return on cash invested measures 31.31% in year one, and rental yield stands at 12.1% at a $1,988,800 entry. Equity gained on principal adds $12,833/yr while 5% annual appreciation compounds into $549,469 by year five. Five-year ROI records 165.14% and total cumulative return in cash reaches $1,064,119. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $20,050/mo property income versus a $9,734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07458, Saddle River, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,439 (100%) |
| Owner Occupied HU | 3,693 (83.2%) |
| Renter Occupied HU | 409 ( 9.2%) |
| Vacant Housing Units | 337 ( 7.6%) |
| Median Home Value | $1,265,134 |
| Average Home Value | $1,367,960 |
Housing Distribution
Address Breakdown
Residential
4,458
Single Family
4,367
Multi-Family
91
Businesses
419
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Randy • Coldwell Banker, Allendale/Saddle River Valley
Mls Name: NJMLS
Mls ID: #25033402