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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Edgewater at 1375 River Rd APT 4D, Edgewater, NJ, 07020 uses $82,544 cash to close to unlock $6,863/yr annual cash flow and $572/mo monthly cash flow. Total monthly income runs $3,598/mo, and a $1,219/mo payment keeps the spread at $572/mo. Purchase price stands at $249,000, and rental yield measures 17.34% with $3,598/mo rent. Return on cash invested shows 28.22% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 155.24% and total cumulative return in cash records $128,144. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,598/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$1,251 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 |
|---|---|---|
| 2024-10-09 | Listed for sale | $249,000 |
| 2024-10-02 | Pending sale | $249,000 |
| 2024-08-27 | Listed for sale | $249,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Matthew Perasso • Compass New Jersey, LLC-Hoboken
Mls Name: NJMLS
Mls Provider:
Mls ID: #24027597
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: 2024-10-16 03:23:34 PDT Source: New Jersey Multiple Listing, Inc. 2024 New Jersey Multiple Listing Service Inc. All rights reserved.
