175 Chestnut Ridge RdWoodcliff LakeNJ07677
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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 Woodcliff Lake at 175 Chestnut Ridge Rd, Woodcliff Lake, NJ, 07677 earns from $3,420/mo rent with a $4,595/mo payment. Total monthly income totals $3,420/mo. ROI tracks 7.35% on current figures, and rental yield reads 4.37% at a $938,777 purchase. Equity gained on principal adds $6,058/yr, and 5% annual appreciation supports $259,367 over five years. Five-year ROI reaches 36.71% and total cumulative return in cash sums $113,370. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,420/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Paula Clark • Keller Williams Valley Realty
Mls Name: NJMLS
Mls Provider:
Mls ID: #24032960
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 2024-10-17 05:22:32 PDT Source: New Jersey Multiple Listing, Inc. 2024 New Jersey Multiple Listing Service Inc. All rights reserved.