111 Davis RdRio 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 111 Davis Rd, Rio Grande, NJ, 08242 at $524,900 posts ROI 16.16% with from $3,180/mo rent. Total monthly income equals $3,180/mo. Return on cash invested measures 16.16% and rental yield reads 7.27% at the current $524,900. Equity gained on principal adds $3,387/yr, and 5% annual appreciation supports $145,020 by year five. Five-year ROI prints 83.94% and total cumulative return in cash totals $144,961. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,180/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1982
0.32 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: Edward (Augie) Augsberger • COASTAL ELITE REALTY
Mls Name: CMCAOR
Mls ID: #253556