1645 Riverview TerWall TownshipNJ07719
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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 Wall Township at 1645 Riverview Ter, Wall Township, NJ, 07719 priced at $293,000 pairs $3,839/mo rent with $1,751/mo cash flow after a $1,434/mo payment. Total monthly income equals $3,839/mo, and annual cash flow comes to $21,008/yr on $97,130 invested. Return on cash invested is 41.54% in year one, and rental yield stands at 15.72% on a $293,000 basis. Equity gained on principal adds $1,891/yr, and 5% annual appreciation accumulates to $80,951 by year five. Five-year ROI measures 220.05% and total cumulative return in cash reaches $213,730. For financing, Ziffy Mortgage’s DSCR program evaluates $3,839/mo property income against a $1,434/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1942
7,901 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07719, Belmar, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,164 (100%) |
| Owner Occupied HU | 6,722 (60.2%) |
| Renter Occupied HU | 2,565 (23.0%) |
| Vacant Housing Units | 1,877 (16.8%) |
| Median Home Value | $785,079 |
| Average Home Value | $830,829 |
Housing Distribution
Address Breakdown
Residential
10,145
Single Family
9,362
Multi-Family
783
Businesses
1,118
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Listed by: N/A • N/A
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Mls ID: #N/A