19 Cedar Ridge RdLafayetteNJ07848
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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 Lafayette at 19 Cedar Ridge Rd, Lafayette, NJ, 07848 listed at $845,000 pairs $5,202/mo rent with a $4,136/mo payment. Total monthly income runs $5,202/mo. Return on cash invested measures 16.52% in year one, and rental yield registers 7.39% at a $845,000 basis. Equity gained on principal adds $5,453/yr, and annual property appreciation at 5% supports $233,458 by year five. Five-year ROI tracks 85.85% and total cumulative return in cash totals $238,668. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,202/mo property income relative to a $4,136/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
17.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07848, Lafayette, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,860 (100%) |
| Owner Occupied HU | 1,552 (83.4%) |
| Renter Occupied HU | 242 (13.0%) |
| Vacant Housing Units | 66 ( 3.5%) |
| Median Home Value | $475,159 |
| Average Home Value | $543,935 |
Housing Distribution
Address Breakdown
Residential
1,736
Single Family
1,736
Multi-Family
0
Businesses
177
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Listed by: Mariah Levy • Keller Williams Integrity
Mls Name: GSMLS
Mls ID: #3981053