215 Roosevelt DrWood RidgeNJ07075
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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 Wood Ridge at 215 Roosevelt Dr, Wood Ridge, NJ, 07075 with 5% annual appreciation on a $909,910 basis while $6,163/mo rent supports operations. Equity gained on principal adds $5,872/yr, and five-year appreciation sums $251,391 alongside rental yield of 8.13%. Five-year ROI measures 94.08% and total cumulative return in cash totals $281,643. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,163/mo property income versus a $4,454/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
$191 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07075, Wood Ridge, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,306 (100%) |
| Owner Occupied HU | 3,002 (69.7%) |
| Renter Occupied HU | 1,173 (27.2%) |
| Vacant Housing Units | 131 ( 3.0%) |
| Median Home Value | $603,964 |
| Average Home Value | $627,045 |
Housing Distribution
Address Breakdown
Residential
4,253
Single Family
3,959
Multi-Family
294
Businesses
257
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Listed by: Allen Ten Hoeve • KELLER WILLIAMS VALLEY REALTY
Mls Name: HCMLS
Mls ID: #250006902
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.