392 Old Bridge TpkeSouth 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
Rental property for sale in South River at 392 Old Bridge Tpke, South River, NJ, 08882 priced at $584,900 converts $4,436/mo rent into $267/mo cash flow after a $2,863/mo obligation. Total monthly income equals $4,436/mo, and annual cash flow totals $3,201/yr on $192,432 invested. Return on cash invested prints 21.72% in year one, and rental yield reads 9.1% against a $584,900 entry. Equity gained on principal adds $3,774/yr, while 5% annual appreciation compiles into $161,597 by year five. Five-year ROI reaches 113.77% and total cumulative return in cash sums $218,939. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,436/mo property income covering a $2,863/mo payment, not borrower’s personal income.
Single Family
Built in 1958
8,494 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: DAVID A. GIRON • EXP REALTY, LLC
Mls Name: All Jersey MLS
Mls ID: #2607629R