63 New StSouth RiverNJ08882
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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
Investment property for sale in South River at 63 New St, South River, NJ, 08882 with 5% annual appreciation on a $535,000 basis while $3,842/mo rent supports operations. Total monthly income totals $3,842/mo and a $2,619/mo payment preserves $28/mo for cash returns. Annual cash flow comes to $338/yr on $176,015 deployed, and return on cash invested reaches 20.25% in year one. Equity gained on principal adds $3,452/yr, and five-year appreciation sums $147,811 alongside rental yield of 8.62%. Five-year ROI measures 105.91% and total cumulative return in cash totals $186,424.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,842/mo property income versus a $2,619/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08882, South River, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
5,632
Single Family
5,387
Multi-Family
245
Businesses
451
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Listed by: BENET A. CASTRO • WEICHERT CO REALTORS
Mls Name: All Jersey MLS
Mls ID: #2610011R