Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Edgewater at 1203 River Rd APT 1G, Edgewater, NJ, 07020 generates $2,862/mo in rent and, after a $1,331/mo payment, leaves $124/mo in cash flow. Total monthly income is $2,862/mo, and annual cash flow is $1,482/yr on $90,168 invested. Return on cash invested sits at 21.55% in year one, and rental yield is 12.63% on a $272,000 entry. Equity gained on principal adds $1,755/yr, while 5% annual appreciation builds toward $75,149 over five years. Five-year ROI reaches 116.76% and total cumulative return in cash sums $105,281. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,862/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$800 monthly HOA
Neighborhood data shown for ZIP Code: 07020, Edgewater, NJ area.
| 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 |
Residential
7,398
Single Family
2,466
Multi-Family
4,932
Businesses
590
Date | Event | Price |
|---|---|---|
| 2025-09-25 | Sold | $272,000 |
| 2025-09-11 | Pending sale | $280,000 |
| 2025-08-15 | Listed for sale | $280,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $3307.39 | -3.13% | $207,100 | -2.22% |
| 2022-10-17 | $3414.22 | -18.66% | $211,800 | 13.69% |
| 2021-10-17 | $4197.34 | 18.83% | $186,300 | N/A |
Listed by: Alexander Moldoff • A.W. Van Winkle & Company
Mls Name: NJMLS
Mls Provider:
Mls ID: #25028402
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 2025-10-16 20:40:14 PDT Source: New Jersey Multiple Listing, Inc. 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
