50 North WayRumsonNJ07760
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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 Rumson at 50 North Way, Rumson, NJ, 07760 priced at $1,495,000 pairs $4,524/mo rent with after a $7,317/mo payment. Total monthly income equals $4,524/mo. Return on cash invested is 5.18% in year one, and rental yield stands at 3.63% on a $1,495,000 basis. Equity gained on principal adds $9,647/yr, and 5% annual appreciation accumulates to $413,041 by year five. Five-year ROI measures 25.02% and total cumulative return in cash reaches $121,177. For financing, Ziffy Mortgage’s DSCR program evaluates $4,524/mo property income against a $7,317/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07760, Rumson, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,283 (100%) |
| Owner Occupied HU | 2,981 (69.6%) |
| Renter Occupied HU | 595 (13.9%) |
| Vacant Housing Units | 707 (16.5%) |
| Median Home Value | $1,419,553 |
| Average Home Value | $1,477,960 |
Housing Distribution
Address Breakdown
Residential
3,990
Single Family
3,950
Multi-Family
40
Businesses
331
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Listed by: Thomas Verdiglione • Douglas Elliman of NJ LLC
Mls Name: MoreMLS
Mls ID: #22600425