368 Riverside AveRutherfordNJ07070
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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 Rutherford at 368 Riverside Ave, Rutherford, NJ, 07070 with 5% annual appreciation on a $555,000 basis while $4,157/mo rent supports operations. Total monthly income totals $4,157/mo and a $2,716/mo payment preserves $202/mo for cash returns. Annual cash flow comes to $2,418/yr on $182,595 deployed, and return on cash invested reaches 21.38% in year one. Equity gained on principal adds $3,581/yr, and five-year appreciation sums $153,336 alongside rental yield of 8.99%. Five-year ROI measures 111.96% and total cumulative return in cash totals $204,440.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,157/mo property income versus a $2,716/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
5,070 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07070, Rutherford, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,355 (100%) |
| Owner Occupied HU | 4,674 (63.5%) |
| Renter Occupied HU | 2,401 (32.6%) |
| Vacant Housing Units | 280 ( 3.8%) |
| Median Home Value | $649,637 |
| Average Home Value | $671,912 |
Housing Distribution
Address Breakdown
Residential
7,130
Single Family
6,071
Multi-Family
1,059
Businesses
693
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Nearby investment properties with comparable prices
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