87 Truman DrWood RidgeNJ07075
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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 Wood Ridge at 87 Truman Dr, Wood Ridge, NJ, 07075 listed at $855,000 pairs $5,190/mo rent with a $4,185/mo payment. Total monthly income runs $5,190/mo. Return on cash invested measures 15.18% in year one, and rental yield registers 7.28% at a $855,000 basis. Equity gained on principal adds $5,517/yr, and annual property appreciation at 5% supports $236,221 by year five. Five-year ROI tracks 79.06% and total cumulative return in cash totals $222,379. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,190/mo property income relative to a $4,185/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2017
1,935 sqft lot
$N/A/sqft
$240 monthly 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: N/A • N/A
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