18 Richards StOgdensburgNJ07439
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 Ogdensburg at 18 Richards St, Ogdensburg, NJ, 07439 priced at $429,900 pairs $3,364/mo rent with $300/mo cash flow after a $2,104/mo payment. Total monthly income equals $3,364/mo, and annual cash flow comes to $3,599/yr on $142,512 invested. Return on cash invested is 22.43% in year one, and rental yield stands at 9.39% on a $429,900 basis. Equity gained on principal adds $2,774/yr, and 5% annual appreciation accumulates to $118,773 by year five. Five-year ROI measures 117.61% and total cumulative return in cash reaches $167,611. For financing, Ziffy Mortgage’s DSCR program evaluates $3,364/mo property income against a $2,104/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07439, Ogdensburg, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 945 (100%) |
| Owner Occupied HU | 768 (81.3%) |
| Renter Occupied HU | 136 (14.4%) |
| Vacant Housing Units | 41 ( 4.3%) |
| Median Home Value | $328,249 |
| Average Home Value | $332,350 |
Housing Distribution
Address Breakdown
Residential
852
Single Family
852
Multi-Family
0
Businesses
48
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Nearby investment properties with comparable prices
Listed by: Laurie Garfinkle • Keller Williams Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3951388
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