29 Terry AveSouth 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
Investment property for sale in South River at 29 Terry Ave, South River, NJ, 08882 earns from $3,668/mo rent with a $3,279/mo payment. Total monthly income totals $3,668/mo. ROI tracks 14.03% on current figures, and rental yield reads 6.57% at a $669,900 purchase. Equity gained on principal adds $4,323/yr, and 5% annual appreciation supports $185,081 over five years. Five-year ROI reaches 72.53% and total cumulative return in cash sums $159,849. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,668/mo property income instead of your personal income.
Single Family
Built in 1967
8,001 sqft 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: DEBORAH ACOSTA • RE/MAX EXCEPTIONAL REALTY
Mls Name: All Jersey MLS
Mls ID: #2660628M