39 Old RdRingwoodNJ07456
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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 Ringwood at 39 Old Rd, Ringwood, NJ, 07456 earns $268/mo cash flow from $2,342/mo rent with a $1,273/mo payment. Total monthly income totals $2,342/mo, and annual cash flow totals $3,218/yr on $86,190 capital. ROI tracks 23.64% on current figures, and rental yield reads 10.81% at a $260,000 purchase. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 over five years. Five-year ROI reaches 125.26% and total cumulative return in cash sums $107,957. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,342/mo property income instead of your personal income.
Single Family
Built in 1939
10,454 sqft 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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Listed by: Jack Qizhan Yao • Realmart Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3944360
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