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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in South River at 6 Serviss St, South River, NJ, 08882 generates $5,365/mo in rent and, after a $2,423/mo payment, leaves $1,837/mo in cash flow. Total monthly income is $5,365/mo, and annual cash flow is $22,038/yr on $164,093 invested. Return on cash invested sits at 33.34% in year one, and rental yield is 13.01% on a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 176.09% and total cumulative return in cash sums $288,958. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,365/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08882, South River, NJ area.
| 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 |
Residential
5,632
Single Family
5,387
Multi-Family
245
Businesses
451
Date | Event | Price |
|---|---|---|
| 2024-07-19 | Listed for sale | $495,000 |
| 2003-02-03 | Sold | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $7936.85 | 1.77% | $321,200 | N/A |
| 2022-10-16 | $7798.74 | 3.89% | $321,200 | N/A |
| 2021-10-16 | $7506.44 | 2.31% | $321,200 | N/A |
Listed by: Tatiana Latosh • DREAMLIFE REALTY CORP.
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2500953R
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