48 Lake StRamseyNJ07446
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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 Ramsey at 48 Lake St, Ramsey, NJ, 07446 offers a 11.86% rental yield on a $849,900 purchase with $8,400/mo rent. Total monthly income registers $8,400/mo, and a $4,160/mo payment leaves $2,342/mo available for distribution. Annual cash flow reaches $28,103/yr on $279,617 to close, and return on cash invested stands at 30.11% in year one. Equity gained on principal adds $5,484/yr while 5% annual appreciation supports $234,812 over five years. Portfolio math shows five-year ROI at 158.75% and total cumulative return in cash at $443,882. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $8,400/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A 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
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Listed by: Barbara Rakov • Coldwell Banker, Allendale/Saddle River Valley
Mls Name: NJMLS
Mls ID: #25032131