81 Mountainview Ct BLDG C #81RiverdaleNJ07457
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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 Riverdale at 81 Mountainview Ct BLDG C #81, Riverdale, NJ, 07457 uses $117,616 cash to close to unlock $5,191/yr annual cash flow and $433/mo monthly cash flow. Total monthly income runs $2,962/mo, and a $1,737/mo payment keeps the spread at $433/mo. Purchase price stands at $354,800, and rental yield measures 10.02% with $2,962/mo rent. Return on cash invested shows 24.32% in year one, and 5% annual appreciation builds toward $98,025 over five years. Five-year ROI reaches 127.76% and total cumulative return in cash records $150,261. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,962/mo property income covering a $1,737/mo payment rather than investor’s personal income.
Condo
Built in 2000
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07457, Riverdale, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,009 (100%) |
| Owner Occupied HU | 1,402 (69.8%) |
| Renter Occupied HU | 542 (27.0%) |
| Vacant Housing Units | 65 ( 3.2%) |
| Median Home Value | $479,322 |
| Average Home Value | $583,347 |
Housing Distribution
Address Breakdown
Residential
1,989
Single Family
1,221
Multi-Family
768
Businesses
249
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Listed by: Regina Petry • C-21 Crest Real Estate, Inc.
Mls Name: GSMLS
Mls ID: #3980209