149 N Maple Ave #3149Park RidgeNJ07656
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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 Park Ridge at 149 N Maple Ave #3149, Park Ridge, NJ, 07656 listed at $324,900 pairs $4,142/mo rent with a $1,590/mo payment to leave $1,826/mo cash flow. Total monthly income runs $4,142/mo, and annual cash flow reaches $21,917/yr on $107,704 cash to close. Return on cash invested measures 40.26% in year one, and rental yield registers 15.3% at a $324,900 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,764 by year five. Five-year ROI tracks 213.21% and total cumulative return in cash totals $229,637. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,142/mo property income relative to a $1,590/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
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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Listed by: Maria Capela • Coldwell Banker, Hillsdale
Mls Name: NJMLS
Mls ID: #25032710