Capri: Build On Your Own Lot Plan, Alberta: Design CenterRidgewoodNJ07450
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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 Ridgewood at Capri: Build On Your Own Lot Plan, Alberta: Design Center, Ridgewood, NJ, 07450 generates $3,824/mo in rent, after a $5,139/mo payment. Total monthly income is $3,824/mo. Return on cash invested sits at 7.46% in year one, and rental yield is 4.37% on a $1,050,000 entry. Equity gained on principal adds $6,775/yr, while 5% annual appreciation builds toward $290,096 over five years. Five-year ROI reaches 37.24% and total cumulative return in cash sums $126,689. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,824/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07450, Ridgewood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,007 (100%) |
| Owner Occupied HU | 6,760 (75.1%) |
| Renter Occupied HU | 1,923 (21.4%) |
| Vacant Housing Units | 324 ( 3.6%) |
| Median Home Value | $914,526 |
| Average Home Value | $1,042,080 |
Housing Distribution
Address Breakdown
Residential
8,904
Single Family
8,407
Multi-Family
497
Businesses
962
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Listed by: N/A • RWB Homes
Mls Name: RWB Homes
Mls Provider:
Mls ID: #N/A