30 Ridgeview WayAllentownNJ08501
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 Allentown at 30 Ridgeview Way, Allentown, NJ, 08501 listed at $1,795,000 pairs $5,938/mo rent with a $8,786/mo payment. Total monthly income runs $5,938/mo. Return on cash invested measures 6.22% in year one, and rental yield registers 3.97% at a $1,795,000 basis. Equity gained on principal adds $11,583/yr, and annual property appreciation at 5% supports $495,925 by year five. Five-year ROI tracks 30.61% and total cumulative return in cash totals $178,033. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,938/mo property income relative to a $8,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08501, Allentown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,550 (100%) |
| Owner Occupied HU | 2,176 (85.3%) |
| Renter Occupied HU | 250 ( 9.8%) |
| Vacant Housing Units | 124 ( 4.9%) |
| Median Home Value | $687,500 |
| Average Home Value | $810,505 |
Housing Distribution
Address Breakdown
Residential
2,417
Single Family
2,417
Multi-Family
0
Businesses
210
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Listed by: Edward J Smires • Smires & Associates
Mls Name: Bright MLS
Mls ID: #NJMM2004178