226 Emily DrPark RidgeNJ07656
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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 Park Ridge at 226 Emily Dr, Park Ridge, NJ, 07656 with 5% annual appreciation on a $702,910 basis while $4,842/mo rent supports operations. 19% in year one. Equity gained on principal adds $4,536/yr, and five-year appreciation sums $194,201 alongside rental yield of 8.27%. Five-year ROI measures 100.2% and total cumulative return in cash totals $231,713. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,842/mo property income versus a $3,440/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07656, Park Ridge, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,788 (100%) |
| Owner Occupied HU | 2,785 (73.5%) |
| Renter Occupied HU | 885 (23.4%) |
| Vacant Housing Units | 118 ( 3.1%) |
| Median Home Value | $725,593 |
| Average Home Value | $778,660 |
Housing Distribution
Address Breakdown
Residential
3,665
Single Family
3,525
Multi-Family
140
Businesses
337
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Listed by: Jessica I. Imhoff • Keller Williams Prosperity Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3963269
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