600 Cedar StRivertonNJ08077
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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 Riverton at 600 Cedar St, Riverton, NJ, 08077 generates $3,300/mo in rent and, after a $1,958/mo payment, leaves $449/mo in cash flow. Total monthly income is $3,300/mo, and annual cash flow is $5,384/yr on $132,600 invested. Return on cash invested sits at 23.97% in year one, and rental yield is 9.9% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 125.85% and total cumulative return in cash sums $166,876. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,300/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
7,710 sqft 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
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Listed by: Linda Burke • RE/MAX ONE Realty-Moorestown
Mls Name: Bright MLS
Mls ID: #NJBL2095804