300-302 Madison StRiversideNJ08075
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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 Riverside at 300-302 Madison St, Riverside, NJ, 08075 listed at $349,900 pairs $2,926/mo rent with a $1,713/mo payment to leave $432/mo cash flow. Total monthly income runs $2,926/mo, and annual cash flow reaches $5,179/yr on $115,992 cash to close. Return on cash invested measures 24.37% in year one, and rental yield registers 10.03% at a $349,900 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,671 by year five. Five-year ROI tracks 128.02% and total cumulative return in cash totals $148,494. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,926/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1900
2,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08075, Riverside, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
12,260
Single Family
12,079
Multi-Family
181
Businesses
701
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Listed by: Jon Benstead • BHHS Fox & Roach-Marlton
Mls Name: Bright MLS
Mls ID: #NJBL2094784