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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Ridgewood at 62-16 80 Avenue, Ridgewood, NY, 11385 listed at $1,149,000 pairs $1,680/mo rent with a $5,624/mo payment. Total monthly income runs $1,680/mo. Return on cash invested measures 1.05% in year one, and rental yield registers 1.75% at a $1,149,000 basis. Equity gained on principal adds $7,414/yr, and annual property appreciation at 5% supports $317,448 by year five. Five-year ROI tracks 2.28% and total cumulative return in cash totals $8,479. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,680/mo property income relative to a $5,624/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1925
2,760 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 11385, Ridgewood, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 39,077 (100%) |
| Owner Occupied HU | 10,033 (25.7%) |
| Renter Occupied HU | 26,467 (67.7%) |
| Vacant Housing Units | 2,577 ( 6.6%) |
| Median Home Value | $895,061 |
| Average Home Value | $939,291 |
Residential
26,993
Single Family
12,493
Multi-Family
14,500
Businesses
2,575
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Angel Berrones • Keller Williams Landmark II
Mls Name: OneKey MLS
Mls ID: #937509
