1076 River RdEdgewaterNJ07020
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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 Edgewater at 1076 River Rd, Edgewater, NJ, 07020 generates $5,840/mo in rent, after a $9,245/mo payment. Total monthly income is $5,840/mo. Return on cash invested sits at 5.42% in year one, and rental yield is 3.71% on a $1,888,888 entry. Equity gained on principal adds $12,189/yr, while 5% annual appreciation builds toward $521,865 over five years. Five-year ROI reaches 26.32% and total cumulative return in cash sums $161,058. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,840/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07020, Edgewater, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,338 (100%) |
| Owner Occupied HU | 2,578 (35.1%) |
| Renter Occupied HU | 4,135 (56.4%) |
| Vacant Housing Units | 625 ( 8.5%) |
| Median Home Value | $847,464 |
| Average Home Value | $933,297 |
Housing Distribution
Address Breakdown
Residential
7,398
Single Family
2,466
Multi-Family
4,932
Businesses
590
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Listed by: MATTHEW PERASSO • COMPASS NEW JERSEY, LLC
Mls Name: HCMLS
Mls ID: #250024220