1 Kimble AveRio GrandeNJ08242
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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 Rio Grande at 1 Kimble Ave, Rio Grande, NJ, 08242 earns from $2,830/mo rent with a $2,398/mo payment. Total monthly income totals $2,830/mo. ROI tracks 15.02% on current figures, and rental yield reads 6.93% at a $490,000 purchase. Equity gained on principal adds $3,162/yr, and 5% annual appreciation supports $135,378 over five years. Five-year ROI reaches 77.84% and total cumulative return in cash sums $126,432. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,830/mo property income instead of your personal income.
Single Family
Built in 1995
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08242, Rio Grande, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,173 (100%) |
| Owner Occupied HU | 1,384 (63.7%) |
| Renter Occupied HU | 424 (19.5%) |
| Vacant Housing Units | 365 (16.8%) |
| Median Home Value | $398,201 |
| Average Home Value | $620,233 |
Housing Distribution
Address Breakdown
Residential
1,762
Single Family
1,762
Multi-Family
0
Businesses
308
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Listed by: Bonnie Fiorentino • BERKSHIRE HATHAWAY HS FOX & ROACH sic
Mls Name: CMCAOR
Mls Provider:
Mls ID: #251507
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