604 Abbott AveRidgefieldNJ07657
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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 Ridgefield at 604 Abbott Ave, Ridgefield, NJ, 07657 earns from $5,141/mo rent with a $6,847/mo payment. Total monthly income totals $5,141/mo. ROI tracks 7.58% on current figures, and rental yield reads 4.41% at a $1,399,000 purchase. Equity gained on principal adds $9,028/yr, and 5% annual appreciation supports $386,518 over five years. Five-year ROI reaches 37.9% and total cumulative return in cash sums $171,785. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,141/mo property income instead of your personal income.
Single Family
Built in N/A
N/A 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: GERARDETTE IOVINO • RIDGECO PROPERTIES NORTH
Mls Name: HCMLS
Mls ID: #250017800