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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 Riverside at 605 8th St, Riverside, NJ, 08075 generates $5,760/mo in rent, after a $4,160/mo payment. Total monthly income is $5,760/mo. Return on cash invested sits at 18.78% in year one, and rental yield is 8.13% on a $849,900 entry. Equity gained on principal adds $5,484/yr, while 5% annual appreciation builds toward $234,812 over five years. Five-year ROI reaches 97.99% and total cumulative return in cash sums $274,010. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,760/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08075, Riverside, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,515 (100%) |
| Owner Occupied HU | 8,314 (66.4%) |
| Renter Occupied HU | 3,688 (29.5%) |
| Vacant Housing Units | 513 ( 4.1%) |
| Median Home Value | $342,696 |
| Average Home Value | $379,444 |
Residential
12,260
Single Family
12,079
Multi-Family
181
Businesses
701
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Murat Sengul • Twins Associates, LLC
Mls Name: Bright MLS
Mls ID: #NJBL2092888
