250 Ridgedale Ave APT M4Florham ParkNJ07932
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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 Florham Park at 250 Ridgedale Ave APT M4, Florham Park, NJ, 07932 with 5% annual appreciation on a $660,000 basis while $6,223/mo rent supports operations. Total monthly income totals $6,223/mo and a $3,230/mo payment preserves $1,519/mo for cash returns. Annual cash flow comes to $18,228/yr on $217,140 deployed, and return on cash invested reaches 28.45% in year one. Equity gained on principal adds $4,259/yr, and five-year appreciation sums $182,346 alongside rental yield of 11.31%. Five-year ROI measures 149.87% and total cumulative return in cash totals $325,425.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,223/mo property income versus a $3,230/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07932, Florham Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,303 (100%) |
| Owner Occupied HU | 3,361 (63.4%) |
| Renter Occupied HU | 1,590 (30.0%) |
| Vacant Housing Units | 352 ( 6.6%) |
| Median Home Value | $847,266 |
| Average Home Value | $919,098 |
Housing Distribution
Address Breakdown
Residential
5,407
Single Family
5,230
Multi-Family
177
Businesses
729
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