295 Bogert Rd Unit 1B #1BRiver EdgeNJ07661
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 295 Bogert Rd Unit 1B #1B, River Edge, NJ, 07661 in River Edge speaks for itself: 15.65% gross on a $245,000 price, generating $3,196/mo in rent and $1,449/mo in net income after the $1,102/mo debt service. DSCR 2.90, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $17,391 stacks alongside $67,689 in projected five-year appreciation and $2,256/yr in principal reduction. Projected total cumulative return: $187,168.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 15.7% | 6.2% |
| Monthly Cash Flow | $1,449 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,196 |
| Total Monthly Debt Service | $1,649 |
| DSCR Ratio | 1.94x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07661, River Edge, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,245 (100%) |
| Owner Occupied HU | 3,066 (72.2%) |
| Renter Occupied HU | 1,056 (24.9%) |
| Vacant Housing Units | 123 ( 2.9%) |
| Median Home Value | $674,578 |
| Average Home Value | $722,772 |
Housing Distribution
Address Breakdown
Residential
4,279
Single Family
3,871
Multi-Family
408
Businesses
328
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07661, River Edge, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,245 (100%) |
| Owner Occupied HU | 3,066 (72.2%) |
| Renter Occupied HU | 1,056 (24.9%) |
| Vacant Housing Units | 123 ( 2.9%) |
| Median Home Value | $674,578 |
| Average Home Value | $722,772 |
Housing Distribution
Address Breakdown
Residential
4,279
Single Family
3,871
Multi-Family
408
Businesses
328
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lauren A. Parrella • Realty Executives First Class
Mls Name: GSMLS
Mls Provider:
Mls ID: #3970298
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