36 Darmstatter RdRingwoodNJ07456
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
Rental property for sale in Ringwood at 36 Darmstatter Rd, Ringwood, NJ, 07456 offers $4,200/mo rent that, after a $2,392/mo payment, leaves $694/mo cash flow. Total monthly income is $4,200/mo, and annual cash flow is $8,327/yr on $162,037 cash. Return on cash invested measures 25.05% in year one, and rental yield stands at 10.31% at a $488,800 entry. Equity gained on principal adds $3,154/yr while 5% annual appreciation compounds into $135,046 by year five. Five-year ROI records 131.69% and total cumulative return in cash reaches $213,379. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,200/mo property income versus a $2,392/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07456, Ringwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,297 (100%) |
| Owner Occupied HU | 3,905 (90.9%) |
| Renter Occupied HU | 222 ( 5.2%) |
| Vacant Housing Units | 170 ( 4.0%) |
| Median Home Value | $533,296 |
| Average Home Value | $578,033 |
Housing Distribution
Address Breakdown
Residential
4,310
Single Family
4,310
Multi-Family
0
Businesses
299
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Nearby investment properties with comparable prices
Listed by: Artur Tyszka • Keller Williams Prosperity Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3929402
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