79 Madison StWood RidgeNJ07075
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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
Rental property for sale in Wood Ridge at 79 Madison St, Wood Ridge, NJ, 07075 priced at $599,000 converts $5,083/mo rent into $813/mo cash flow after a $2,932/mo obligation. Total monthly income equals $5,083/mo, and annual cash flow totals $9,759/yr on $197,071 invested. Return on cash invested prints 25.01% in year one, and rental yield reads 10.18% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. Five-year ROI reaches 131.43% and total cumulative return in cash sums $259,018. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,083/mo property income covering a $2,932/mo payment, not borrower’s personal income.
Single Family
Built in 1954
4,791 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
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Listed by: Sophie Sperber • Compass New Jersey Llc
Mls Name: GSMLS
Mls ID: #3984122