385 Ridge RdDaytonNJ08810
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 Dayton at 385 Ridge Rd, Dayton, NJ, 08810 offers $3,696/mo rent that, after a $2,442/mo payment, leaves $140/mo cash flow. Total monthly income is $3,696/mo, and annual cash flow is $1,675/yr on $165,419 cash. Return on cash invested measures 20.92% in year one, and rental yield stands at 8.89% at a $499,000 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,865 by year five. Five-year ROI records 109.5% and total cumulative return in cash reaches $181,134. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,696/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1880
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08810, Dayton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,810 (100%) |
| Owner Occupied HU | 2,257 (80.3%) |
| Renter Occupied HU | 496 (17.7%) |
| Vacant Housing Units | 57 ( 2.0%) |
| Median Home Value | $560,092 |
| Average Home Value | $579,530 |
Housing Distribution
Address Breakdown
Residential
2,745
Single Family
2,745
Multi-Family
0
Businesses
339
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Listed by: BRIANA J. PATTERSON • WEICHERT CO REALTORS
Mls Name: All Jersey MLS
Mls ID: #2605581R