4 N 4th StRio GrandeNJ08242
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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 Rio Grande at 4 N 4th St, Rio Grande, NJ, 08242 priced at $385,000 pairs $3,253/mo rent with $509/mo cash flow after a $1,884/mo payment. Total monthly income equals $3,253/mo, and annual cash flow comes to $6,110/yr on $127,628 invested. Return on cash invested is 24.7% in year one, and rental yield stands at 10.14% on a $385,000 basis. Equity gained on principal adds $2,484/yr, and 5% annual appreciation accumulates to $106,368 by year five. Five-year ROI measures 129.78% and total cumulative return in cash reaches $165,634. For financing, Ziffy Mortgage’s DSCR program evaluates $3,253/mo property income against a $1,884/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
7,659 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08242, Rio Grande, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,173 (100%) |
| Owner Occupied HU | 1,384 (63.7%) |
| Renter Occupied HU | 424 (19.5%) |
| Vacant Housing Units | 365 (16.8%) |
| Median Home Value | $398,201 |
| Average Home Value | $620,233 |
Housing Distribution
Address Breakdown
Residential
1,762
Single Family
1,762
Multi-Family
0
Businesses
308
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Listed by: Christine Earley • RE/MAX LIVE WELL
Mls Name: CMCAOR
Mls ID: #253518