4 Village Pl, Oak Ridge, NJ, 07438 | $103/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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4 Village Pl, Oak Ridge, NJ, 07438 | $103/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Oak Ridge at 4 Village Pl, Oak Ridge, NJ, 07438 uses $64,974 cash to close to unlock $1,239/yr annual cash flow and $103/mo monthly cash flow. Total monthly income runs $1,500/mo, and a $959/mo payment keeps the spread at $103/mo. Purchase price stands at $196,000, and rental yield measures 9.18% with $1,500/mo rent. Return on cash invested shows 21.82% in year one, and 5% annual appreciation builds toward $54,151 over five years. Five-year ROI reaches 114.34% and total cumulative return in cash records $74,292. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $959/mo payment rather than investor’s personal income.

Single Family

Built in 1940

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

FANTASTIC ALTERNATIVE TO RENTING!! THIS RANCH BOASTS AN OPEN FLOORPLAN WITH THE FORMAL LIVING ROOM, FORMAL DINING ROOM, KITCHEN, & BREAKFAST ROOM FLOWING SEAMLESSLY INTO ONE ANOTHER, CATERING TO BOTH LARGE AND SMALL GATHERINGS, MAKING IT IDEAL FOR ENTERTAINING. LARGE BEDROOM WITH AMPLE CLOSET SPACE. BASEMENT LEVEL HOUSES A DEN, ADDITIONAL STORAGE, & WORKSHOP/UTILITY ROOM. A SPACIOUS DECK OVERLOOKING LEVEL OPEN YARD. WITH PERSONALIZED TOUCHES, THIS PROPERTY CAN EASILY BECOME YOUR LONG-TERM RESIDENCE. THE HOME IS CONVENIENTLY LOCATED CLOSE TO TOWN SCHOOLS, VARIOUS RESTAURANTS, SHOPPING OPTIONS, NUMEROUS PARKS & RECREATIONAL FACILITIES, MASS TRANSIT, & MAJOR HIGHWAYS- 15, 80, 23. THIS HOME OFFERS YOU THE OPPORTUNITY TO PUT YOUR PERSONAL TOUCHES ON THIS DIAMOND IN THE ROUGH AND CREATE YOUR FOREVER DREAM HOME! BUYER RESPONSIBLE FOR ALL INSPECTIONS, TOWN CO/CERTS. BUYER SHOULD CONDUCT OWN DUE DILIGENCE AND CONFIRM ALL HOME DETAILS WITH TOWN. VA DOES NOT PAY CUSTOMARY CLOSING COSTS, INCL TITLE, ESCROW FEES, SURVEY. IF PROPERTY WAS BUILT PRIOR TO 1978, LEAD BASED PAINT POTENTIALLY EXISTS. THIS PROPERTY MAY QUALIFY FOR SELLER FINANCING (VENDEE).

Neighborhood Data

Neighborhood data shown for ZIP Code: 07438, Oak Ridge, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,377 (100%)
Owner Occupied HU	3,700 (84.5%)
Renter Occupied HU	445 (10.2%)
Vacant Housing Units	232 ( 5.3%)
Median Home Value	$501,326
Average Home Value	$517,297