512 Lloyd StRidgefieldNJ07657
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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 Ridgefield at 512 Lloyd St, Ridgefield, NJ, 07657 offers $2,644/mo rent that, after a $4,400/mo payment. Total monthly income is $2,644/mo. Return on cash invested measures 4.79% in year one, and rental yield stands at 3.53% at a $899,000 entry. Equity gained on principal adds $5,801/yr while 5% annual appreciation compounds into $248,377 by year five. Five-year ROI records 22.98% and total cumulative return in cash reaches $67,966. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,644/mo property income versus a $4,400/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07657, Ridgefield, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,339 (100%) |
| Owner Occupied HU | 2,191 (50.5%) |
| Renter Occupied HU | 1,967 (45.3%) |
| Vacant Housing Units | 181 ( 4.2%) |
| Median Home Value | $661,496 |
| Average Home Value | $687,607 |
Housing Distribution
Address Breakdown
Residential
3,909
Single Family
3,863
Multi-Family
46
Businesses
777
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Listed by: Attilio Adamo • Serhant New Jersey Llc
Mls Name: GSMLS
Mls ID: #3987193