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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 Riverside at 229 Filmore St, Riverside, NJ, 08075 with 5% annual appreciation on a $245,000 basis while $2,062/mo rent supports operations. Total monthly income totals $2,062/mo and a $1,199/mo payment preserves $316/mo for cash returns. Annual cash flow comes to $3,790/yr on $81,218 deployed, and return on cash invested reaches 24.58% in year one. Equity gained on principal adds $1,581/yr, and five-year appreciation sums $67,689 alongside rental yield of 10.1%. Five-year ROI measures 129.09% and total cumulative return in cash totals $104,844.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,062/mo property income versus a $1,199/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08075, Riverside, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,515 (100%) |
| Owner Occupied HU | 8,314 (66.4%) |
| Renter Occupied HU | 3,688 (29.5%) |
| Vacant Housing Units | 513 ( 4.1%) |
| Median Home Value | $342,696 |
| Average Home Value | $379,444 |
Residential
12,260
Single Family
12,079
Multi-Family
181
Businesses
701
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michelle Gavio • Keller Williams Realty - Moorestown
Mls Name: Bright MLS
Mls ID: #NJBL2097802
