2712 Ridgefield Ct UNIT 2712HelmettaNJ08828
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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
Rental property for sale in Helmetta at 2712 Ridgefield Ct UNIT 2712, Helmetta, NJ, 08828 generates $2,947/mo in rent and, after a $1,697/mo payment, leaves $219/mo in cash flow. Total monthly income is $2,947/mo, and annual cash flow is $2,634/yr on $114,964 invested. Return on cash invested sits at 22.2% in year one, and rental yield is 10.2% on a $346,800 entry. Equity gained on principal adds $2,238/yr, while 5% annual appreciation builds toward $95,814 over five years. Five-year ROI reaches 117.34% and total cumulative return in cash sums $134,897. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,947/mo property income rather than buyer’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$256 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08828, Helmetta, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,070 (100%) |
| Owner Occupied HU | 748 (69.9%) |
| Renter Occupied HU | 291 (27.2%) |
| Vacant Housing Units | 31 ( 2.9%) |
| Median Home Value | $405,848 |
| Average Home Value | $421,862 |
Housing Distribution
Address Breakdown
Residential
1,081
Single Family
1,081
Multi-Family
0
Businesses
49
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