432 Innes RdWood RidgeNJ07075
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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
Total monthly income runs $3,521/mo, and a $4,693/mo payment. Purchase price stands at $958,888, and rental yield measures 4.41% with $3,521/mo rent. Return on cash invested shows 7.46% in year one, and 5% annual appreciation builds toward $264,923 over five years. Five-year ROI reaches 37.27% and total cumulative return in cash records $117,584. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,521/mo property income covering a $4,693/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07075, Wood Ridge, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,306 (100%) |
| Owner Occupied HU | 3,002 (69.7%) |
| Renter Occupied HU | 1,173 (27.2%) |
| Vacant Housing Units | 131 ( 3.0%) |
| Median Home Value | $603,964 |
| Average Home Value | $627,045 |
Housing Distribution
Address Breakdown
Residential
4,253
Single Family
3,959
Multi-Family
294
Businesses
257
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Listed by: Frank Albunia • Christie's International Real Estate Group-Mahwah/Saddle River Regional Office
Mls Name: NJMLS
Mls ID: #25038064