62 Rolling Views DrWoodland ParkNJ07424
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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 Woodland Park at 62 Rolling Views Dr, Woodland Park, NJ, 07424 uses $193,288 cash to close to unlock $3,443/yr annual cash flow and $287/mo monthly cash flow. Total monthly income runs $5,074/mo, and a $2,876/mo payment keeps the spread at $287/mo. Purchase price stands at $587,500, and rental yield measures 10.36% with $5,074/mo rent. Return on cash invested shows 21.84% in year one, and 5% annual appreciation builds toward $162,315 over five years. Five-year ROI reaches 115.76% and total cumulative return in cash records $223,751. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,074/mo property income covering a $2,876/mo payment rather than investor’s personal income.
Townhouse
Built in 2001
N/A lot
$N/A/sqft
$599 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07424, Little Falls, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,746 (100%) |
| Owner Occupied HU | 6,659 (62.0%) |
| Renter Occupied HU | 3,585 (33.4%) |
| Vacant Housing Units | 502 ( 4.7%) |
| Median Home Value | $563,308 |
| Average Home Value | $581,647 |
Housing Distribution
Address Breakdown
Residential
10,232
Single Family
9,305
Multi-Family
927
Businesses
1,120
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Listed by: Aja Ann Mauceri • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3974735
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