106 N 6th StRio 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
Total monthly income runs $4,037/mo, and a $3,621/mo payment. Purchase price stands at $739,900, and rental yield measures 6.55% with $4,037/mo rent. Return on cash invested shows 13.97% in year one, and 5% annual appreciation builds toward $204,421 over five years. Five-year ROI reaches 72.18% and total cumulative return in cash records $175,707. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,037/mo property income covering a $3,621/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,000 sqft 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: Claudio Pawlus • WEICHERT REALTORS CITY TO SHORE
Mls Name: CMCAOR
Mls ID: #253373