5 Williams St #BRio GrandeNJ08242
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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 Rio Grande at 5 Williams St #B, Rio Grande, NJ, 08242 priced at $299,000 converts $2,128/mo rent into after a $1,463/mo obligation. Total monthly income equals $2,128/mo. Return on cash invested prints 19.88% in year one, and rental yield reads 8.54% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 103.92% and total cumulative return in cash sums $103,006. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,128/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Townhouse
Built in 2010
N/A 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: Cynthia Kaczmarski • COMPASS RE - Avalon Dune
Mls Name: CMCAOR
Mls ID: #251458