48 Roosevelt DrWood RidgeNJ07075
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
Investment Highlights
Investment property for sale in Wood Ridge at 48 Roosevelt Dr, Wood Ridge, NJ, 07075 with 5% annual appreciation on a $939,000 basis while $3,521/mo rent supports operations. 74% in year one. Equity gained on principal adds $6,059/yr, and five-year appreciation sums $259,428 alongside rental yield of 4.5%. Five-year ROI measures 38.78% and total cumulative return in cash totals $119,800. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,521/mo property income versus a $4,596/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ishita Dalal • Keller Williams Village Square Realty
Mls Name: NJMLS
Mls ID: #26001106