35 Willett AvenueSouth RiverNJ08882
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
Investment Highlights
Rental property for sale in South River at 35 Willett Avenue, South River, NJ, 08882 generates $3,581/mo in rent and, after a $1,953/mo payment, leaves $737/mo in cash flow. Total monthly income is $3,581/mo, and annual cash flow is $8,843/yr on $132,269 invested. Return on cash invested sits at 26.59% in year one, and rental yield is 10.77% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 139.91% and total cumulative return in cash sums $185,054. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,581/mo property income rather than buyer’s personal income.
Single Family
Built in 1906
2,613 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Florio • Keller Williams Realty Central Monmouth
Mls Name: MoreMLS
Mls ID: #22532431