49 Ridge AveLittle FallsNJ07424
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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 Little Falls at 49 Ridge Ave, Little Falls, NJ, 07424 with 5% annual appreciation on a $789,900 basis while $4,943/mo rent supports operations. 89% in year one. Equity gained on principal adds $5,097/yr, and five-year appreciation sums $218,235 alongside rental yield of 7.51%. Five-year ROI measures 87.84% and total cumulative return in cash totals $228,269. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,943/mo property income versus a $3,866/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07424, Little Falls, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,746 (100%) |
| Owner Occupied HU | 6,659 (62.0%) |
| Renter Occupied HU | 3,585 (33.4%) |
| Vacant Housing Units | 502 ( 4.7%) |
| Median Home Value | $563,308 |
| Average Home Value | $581,647 |
Housing Distribution
Address Breakdown
Residential
10,232
Single Family
9,305
Multi-Family
927
Businesses
1,120
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Listed by: Oscar Nunez-paz • Lifestyle International Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3921752
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