70 Hille PlRidgefield ParkNJ07660
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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 Park at 70 Hille Pl, Ridgefield Park, NJ, 07660 listed at $650,000 pairs $4,234/mo rent with a $3,181/mo payment. Total monthly income runs $4,234/mo. Return on cash invested measures 17.82% in year one, and rental yield registers 7.82% at a $650,000 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,583 by year five. Five-year ROI tracks 92.88% and total cumulative return in cash totals $198,614. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,234/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07660, Ridgefield Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,348 (100%) |
| Owner Occupied HU | 2,853 (53.3%) |
| Renter Occupied HU | 2,206 (41.2%) |
| Vacant Housing Units | 289 ( 5.4%) |
| Median Home Value | $535,039 |
| Average Home Value | $538,346 |
Housing Distribution
Address Breakdown
Residential
4,776
Single Family
4,458
Multi-Family
318
Businesses
424
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Listed by: MARIA LOPEZ • BROADWAY REALTORS
Mls Name: HCMLS
Mls ID: #250020359