265 Main St APT 707Ridgefield ParkNJ07660
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
Investment property for sale in Ridgefield Park at 265 Main St APT 707, Ridgefield Park, NJ, 07660 earns from $1,474/mo rent with a $954/mo payment. Total monthly income totals $1,474/mo. ROI tracks -2.93% on current figures, and rental yield reads 9.07% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,474/mo property income instead of your personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$1,315 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07660, Ridgefield Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,348 (100%) |
| Owner Occupied HU | 2,853 (53.3%) |
| Renter Occupied HU | 2,206 (41.2%) |
| Vacant Housing Units | 289 ( 5.4%) |
| Median Home Value | $535,039 |
| Average Home Value | $538,346 |
Housing Distribution
Address Breakdown
Residential
4,776
Single Family
4,458
Multi-Family
318
Businesses
424
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Nearby investment properties with comparable prices
Listed by: Aline Smolanoff • Russo Real Estate
Mls Name: NJMLS
Mls Provider:
Mls ID: #25017771
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 2025-05-29 07:47:20 PDT Source: New Jersey Multiple Listing, Inc. 2025 New Jersey Multiple Listing Service Inc. All rights reserved.