50 Roger CtRingwoodNJ07456
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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 Ringwood at 50 Roger Ct, Ringwood, NJ, 07456 with 5% annual appreciation on a $669,900 basis while $5,345/mo rent supports operations. Total monthly income totals $5,345/mo and a $3,279/mo payment preserves $570/mo for cash returns. Annual cash flow comes to $6,839/yr on $220,397 deployed, and return on cash invested reaches 23.16% in year one. Equity gained on principal adds $4,323/yr, and five-year appreciation sums $185,081 alongside rental yield of 9.57%. Five-year ROI measures 121.5% and total cumulative return in cash totals $267,777.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,345/mo property income versus a $3,279/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07456, Ringwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,297 (100%) |
| Owner Occupied HU | 3,905 (90.9%) |
| Renter Occupied HU | 222 ( 5.2%) |
| Vacant Housing Units | 170 ( 4.0%) |
| Median Home Value | $533,296 |
| Average Home Value | $578,033 |
Housing Distribution
Address Breakdown
Residential
4,310
Single Family
4,310
Multi-Family
0
Businesses
299
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Listed by: Christine Burger • Bhgre Green Team
Mls Name: GSMLS
Mls ID: #4002611