3 Oxford WlsPark 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
Total monthly income runs $5,501/mo, and a $4,772/mo payment. Purchase price stands at $975,000, and rental yield measures 6.77% with $5,501/mo rent. Return on cash invested shows 14.64% in year one, and 5% annual appreciation builds toward $269,375 over five years. Five-year ROI reaches 75.81% and total cumulative return in cash records $243,171. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,501/mo property income covering a $4,772/mo payment rather than investor’s personal income.
Single Family
Built in 1986
N/A 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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A