68 Wesmont DrWood RidgeNJ07075
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wood Ridge at 68 Wesmont Dr, Wood Ridge, NJ, 07075 offers a 7.66% rental yield on a $849,000 purchase with $5,422/mo rent. 36% in year one. Equity gained on principal adds $5,478/yr while 5% annual appreciation supports $234,563 over five years. Portfolio math shows five-year ROI at 90.36% and total cumulative return in cash at $252,392. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,422/mo property income against a $4,155/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2016
1,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07075, Wood Ridge, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,306 (100%) |
| Owner Occupied HU | 3,002 (69.7%) |
| Renter Occupied HU | 1,173 (27.2%) |
| Vacant Housing Units | 131 ( 3.0%) |
| Median Home Value | $603,964 |
| Average Home Value | $627,045 |
Housing Distribution
Address Breakdown
Residential
4,253
Single Family
3,959
Multi-Family
294
Businesses
257
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CHAMANPREET K. DHIR • UNITED R.E. OF NORTH JERSEY
Mls Name: All Jersey MLS
Mls ID: #2606501R