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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 62-53 80 Road, Ridgewood, NY, 11385 earns from $1,680/mo rent with a $4,160/mo payment. Total monthly income totals $1,680/mo. ROI tracks 2.91% on current figures, and rental yield reads 2.37% at a $850,000 purchase. Equity gained on principal adds $5,485/yr, and 5% annual appreciation supports $234,839 over five years. Five-year ROI reaches 12.33% and total cumulative return in cash sums $34,486. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,680/mo property income instead of your personal income.
Single Family
Built in 1925
2,300 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 |
|---|---|---|
| 2019-11-26 | Sold | $610,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Finished,Full
Listed by: Joseph J. Abramaitis • O Kane Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #859513
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.
