82 Hackensack St #6Wood 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 82 Hackensack St #6, Wood Ridge, NJ, 07075 at $349,000 posts ROI 24.05% with $400/mo cash flow from $2,887/mo rent. Total monthly income equals $2,887/mo, and annual cash flow records $4,795/yr on $115,694 to close. Return on cash invested measures 24.05% and rental yield reads 9.93% at the current $349,000. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 by year five. Five-year ROI prints 126.31% and total cumulative return in cash totals $146,136.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,887/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1950
871.20 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: David Vaughn • Prominent Properties Sir
Mls Name: GSMLS
Mls ID: #4005580