4 Mountain Ridge DrCedar GroveNJ07009
Nearby investment properties with comparable rents
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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 Cedar Grove at 4 Mountain Ridge Dr, Cedar Grove, NJ, 07009 at $694,999 posts ROI 14.42% with from $4,750/mo rent. Total monthly income equals $4,750/mo. Return on cash invested measures 14.42% and rental yield reads 8.2% at the current $694,999. Equity gained on principal adds $4,485/yr, and 5% annual appreciation supports $192,015 by year five. Five-year ROI prints 76.28% and total cumulative return in cash totals $174,414. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,750/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1983
0.25 Acres lot
$N/A/sqft
$870 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07009, Cedar Grove, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,456 (100%) |
| Owner Occupied HU | 4,232 (77.6%) |
| Renter Occupied HU | 906 (16.6%) |
| Vacant Housing Units | 318 ( 5.8%) |
| Median Home Value | $649,113 |
| Average Home Value | $719,298 |
Housing Distribution
Address Breakdown
Residential
5,087
Single Family
4,773
Multi-Family
314
Businesses
470
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Nearby investment properties with comparable prices
Listed by: Anahita Nasrin • Signature Realty Nj
Mls Name: GSMLS
Mls Provider:
Mls ID: #3986946
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