405 Elm AveRivertonNJ08077
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 Riverton at 405 Elm Ave, Riverton, NJ, 08077 offers $2,828/mo rent that, after a $2,374/mo payment. Total monthly income is $2,828/mo. Return on cash invested measures 15.21% in year one, and rental yield stands at 7% at a $485,000 entry. Equity gained on principal adds $3,130/yr while 5% annual appreciation compounds into $133,997 by year five. Five-year ROI records 78.88% and total cumulative return in cash reaches $126,818. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,828/mo property income versus a $2,374/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08077, Riverton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,792 (100%) |
| Owner Occupied HU | 6,238 (80.1%) |
| Renter Occupied HU | 1,113 (14.3%) |
| Vacant Housing Units | 441 ( 5.7%) |
| Median Home Value | $419,481 |
| Average Home Value | $474,465 |
Housing Distribution
Address Breakdown
Residential
7,776
Single Family
7,437
Multi-Family
339
Businesses
822
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffrey Hickman • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #NJBL2099048