18 June StSouth RiverNJ08882
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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
Total monthly income runs $2,546/mo, and a $1,909/mo payment. Purchase price stands at $390,000, and rental yield measures 7.83% with $2,546/mo rent. Return on cash invested shows 17.74% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 92.42% and total cumulative return in cash records $119,480. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,546/mo property income covering a $1,909/mo payment rather than investor’s personal income.
Single Family
Built in 1906
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08882, South River, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,913 (100%) |
| Owner Occupied HU | 3,666 (62.0%) |
| Renter Occupied HU | 2,002 (33.9%) |
| Vacant Housing Units | 245 ( 4.1%) |
| Median Home Value | $489,055 |
| Average Home Value | $507,833 |
Housing Distribution
Address Breakdown
Residential
5,632
Single Family
5,387
Multi-Family
245
Businesses
451
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Listed by: JOSE R. SANCHEZ • KELLER WILLIAMS CITY LIFE
Mls Name: All Jersey MLS
Mls ID: #2608622R