719 Rifle Camp RdWoodland 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
Rental property for sale in Woodland Park at 719 Rifle Camp Rd, Woodland Park, NJ, 07424 priced at $1,499,000 converts $6,262/mo rent into after a $7,337/mo obligation. Total monthly income equals $6,262/mo. Return on cash invested prints 9.44% in year one, and rental yield reads 5.01% against a $1,499,000 entry. Equity gained on principal adds $9,673/yr, while 5% annual appreciation compiles into $414,146 by year five. Five-year ROI reaches 47.88% and total cumulative return in cash sums $232,545. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,262/mo property income covering a $7,337/mo payment, not borrower’s personal income.
Single Family
Built in 1996
0.50 Acres lot
$N/A/sqft
No 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: N/A • N/A
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