375 Rifle Camp Rd UNIT 411Woodland ParkNJ07424
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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 Woodland Park at 375 Rifle Camp Rd UNIT 411, Woodland Park, NJ, 07424 earns $203/mo cash flow from $3,584/mo rent with a $2,080/mo payment. Total monthly income totals $3,584/mo, and annual cash flow totals $2,434/yr on $140,888 capital. ROI tracks 21.64% on current figures, and rental yield reads 10.12% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 114.42% and total cumulative return in cash sums $161,201. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,584/mo property income instead of your personal income.
Condo
Built in 2002
1 Acres lot
$N/A/sqft
$352 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07424, Little Falls, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,746 (100%) |
| Owner Occupied HU | 6,659 (62.0%) |
| Renter Occupied HU | 3,585 (33.4%) |
| Vacant Housing Units | 502 ( 4.7%) |
| Median Home Value | $563,308 |
| Average Home Value | $581,647 |
Housing Distribution
Address Breakdown
Residential
10,232
Single Family
9,305
Multi-Family
927
Businesses
1,120
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Listed by: Kimberly Fleak • Coldwell Banker Realty Wyk
Mls Name: GSMLS
Mls Provider:
Mls ID: #3929837
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