3413 Ramapo CtRiverdaleNJ07457
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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 Riverdale at 3413 Ramapo Ct, Riverdale, NJ, 07457 earns $185/mo cash flow from $3,890/mo rent with a $2,544/mo payment. Total monthly income totals $3,890/mo, and annual cash flow totals $2,224/yr on $170,981 capital. ROI tracks 21.36% on current figures, and rental yield reads 8.98% at a $519,700 purchase. Equity gained on principal adds $3,354/yr, and 5% annual appreciation supports $143,584 over five years. Five-year ROI reaches 111.85% and total cumulative return in cash sums $191,245. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,890/mo property income instead of your personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07457, Riverdale, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,009 (100%) |
| Owner Occupied HU | 1,402 (69.8%) |
| Renter Occupied HU | 542 (27.0%) |
| Vacant Housing Units | 65 ( 3.2%) |
| Median Home Value | $479,322 |
| Average Home Value | $583,347 |
Housing Distribution
Address Breakdown
Residential
1,989
Single Family
1,221
Multi-Family
768
Businesses
249
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Listed by: Tina Cali • Century 21 Gemini Realty, LLC
Mls Name: NJMLS
Mls ID: #26002619