441 Stonetown 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 441 Stonetown Rd, Ringwood, NJ, 07456 offers a 11.51% rental yield on a $838,400 purchase with $8,040/mo rent. Total monthly income registers $8,040/mo, and a $4,104/mo payment leaves $2,064/mo available for distribution. Annual cash flow reaches $24,763/yr on $275,834 to close, and return on cash invested stands at 29.04% in year one. Equity gained on principal adds $5,410/yr while 5% annual appreciation supports $231,634 over five years. Portfolio math shows five-year ROI at 153% and total cumulative return in cash at $422,032. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $8,040/mo property income against a $4,104/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
4.62 Acres 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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