43 Elm AveRamseyNJ07446
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Ramsey rentals match the income profile of 43 Elm Ave, Ramsey, NJ, 07446. Listed at $775,000, gross rent is $8,400/mo and net cash flow is $2,876/mo, a 13.01% yield well above national averages. DSCR 2.41 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $214,118 by year five with $7,138/yr in annual principal reduction, projecting $482,118 in total cumulative return.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 13% | 6.2% |
| Monthly Cash Flow | $2,876 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $8,400 |
| Total Monthly Debt Service | $5,216 |
| DSCR Ratio | 1.61x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1961
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07446, Ramsey, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,661 (100%) |
| Owner Occupied HU | 4,617 (81.6%) |
| Renter Occupied HU | 876 (15.5%) |
| Vacant Housing Units | 168 ( 3.0%) |
| Median Home Value | $732,204 |
| Average Home Value | $786,059 |
Housing Distribution
Address Breakdown
Residential
5,623
Single Family
5,518
Multi-Family
105
Businesses
867
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
Single Family
Built in 1961
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07446, Ramsey, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,661 (100%) |
| Owner Occupied HU | 4,617 (81.6%) |
| Renter Occupied HU | 876 (15.5%) |
| Vacant Housing Units | 168 ( 3.0%) |
| Median Home Value | $732,204 |
| Average Home Value | $786,059 |
Housing Distribution
Address Breakdown
Residential
5,623
Single Family
5,518
Multi-Family
105
Businesses
867
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices