175 N Island AveRamseyNJ07446
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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 Ramsey at 175 N Island Ave, Ramsey, NJ, 07446 with 5% annual appreciation on a $759,900 basis while $8,400/mo rent supports operations. Total monthly income totals $8,400/mo and a $3,719/mo payment preserves $2,984/mo for cash returns. Annual cash flow comes to $35,807/yr on $250,007 deployed, and return on cash invested reaches 34.38% in year one. Equity gained on principal adds $4,904/yr, and five-year appreciation sums $209,946 alongside rental yield of 13.26%. Five-year ROI measures 181.65% and total cumulative return in cash totals $454,146.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $8,400/mo property income versus a $3,719/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07446, Ramsey, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,661 (100%) |
| Owner Occupied HU | 4,617 (81.6%) |
| Renter Occupied HU | 876 (15.5%) |
| Vacant Housing Units | 168 ( 3.0%) |
| Median Home Value | $732,204 |
| Average Home Value | $786,059 |
Housing Distribution
Address Breakdown
Residential
5,623
Single Family
5,518
Multi-Family
105
Businesses
867
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Listed by: Nicole Minetti • Keller Williams Village Square Realty
Mls Name: NJMLS
Mls ID: #25036323