479 Columbia AveRidgefieldNJ07657
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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 Ridgefield at 479 Columbia Ave, Ridgefield, NJ, 07657 with 5% annual appreciation on a $500,000 basis while $3,000/mo rent supports operations. 83% in year one. Equity gained on principal adds $3,226/yr, and five-year appreciation sums $138,141 alongside rental yield of 7.2%. Five-year ROI measures 82.21% and total cumulative return in cash totals $136,256. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,000/mo property income versus a $2,447/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07657, Ridgefield, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,339 (100%) |
| Owner Occupied HU | 2,191 (50.5%) |
| Renter Occupied HU | 1,967 (45.3%) |
| Vacant Housing Units | 181 ( 4.2%) |
| Median Home Value | $661,496 |
| Average Home Value | $687,607 |
Housing Distribution
Address Breakdown
Residential
3,909
Single Family
3,863
Multi-Family
46
Businesses
777
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Listed by: Ellen Pignataro • Coldwell Banker, Middletown
Mls Name: NJMLS
Mls ID: #26003109