5 Mountain Ridge Rd #Uc1BloomingdaleNJ07403
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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
Rental property for sale in Bloomingdale at 5 Mountain Ridge Rd #Uc1, Bloomingdale, NJ, 07403 priced at $400,000 converts $2,760/mo rent into after a $1,958/mo obligation. Total monthly income equals $2,760/mo. Return on cash invested prints 19.08% in year one, and rental yield reads 8.28% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 99.65% and total cumulative return in cash sums $132,136. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,760/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07403, Bloomingdale, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,166 (100%) |
| Owner Occupied HU | 2,141 (67.6%) |
| Renter Occupied HU | 874 (27.6%) |
| Vacant Housing Units | 151 ( 4.8%) |
| Median Home Value | $456,880 |
| Average Home Value | $499,813 |
Housing Distribution
Address Breakdown
Residential
3,070
Single Family
2,950
Multi-Family
120
Businesses
219
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Listed by: Lisa Marinozzi • United Real Estate
Mls Name: NJMLS
Mls ID: #26003063