135 Maurice Blvd LOT RIORio 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 135 Maurice Blvd LOT RIO, Rio Grande, NJ, 08242 with 5% annual appreciation on a $189,900 basis while $1,464/mo rent supports operations. Total monthly income totals $1,464/mo and a $929/mo payment preserves $111/mo for cash returns. Annual cash flow comes to $1,331/yr on $62,952 deployed, and return on cash invested reaches 22.02% in year one. Equity gained on principal adds $1,225/yr, and five-year appreciation sums $52,466 alongside rental yield of 9.25%. Five-year ROI measures 115.39% and total cumulative return in cash totals $72,641.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,464/mo property income versus a $929/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2013
2,880 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: Kathleen(Kathy) Elwell • CENTURY 21 ALLIANCE - NCM
Mls Name: CMCAOR
Mls ID: #260134