7408 Coventry CtRiverdaleNJ07457
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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 Riverdale at 7408 Coventry Ct, Riverdale, NJ, 07457 offers a 8.87% rental yield on a $530,000 purchase with $3,917/mo rent. 75% in year one. Equity gained on principal adds $3,420/yr while 5% annual appreciation supports $146,429 over five years. Portfolio math shows five-year ROI at 93.67% and total cumulative return in cash at $163,339. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,917/mo property income against a $2,594/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
$475 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07457, Riverdale, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,009 (100%) |
| Owner Occupied HU | 1,402 (69.8%) |
| Renter Occupied HU | 542 (27.0%) |
| Vacant Housing Units | 65 ( 3.2%) |
| Median Home Value | $479,322 |
| Average Home Value | $583,347 |
Housing Distribution
Address Breakdown
Residential
1,989
Single Family
1,221
Multi-Family
768
Businesses
249
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Listed by: Tina Cali • Century 21 Gemini Realty, LLC
Mls Name: NJMLS
Mls Provider:
Mls ID: #25020281
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 2025-10-22 03:39:51 PDT Source: New Jersey Multiple Listing, Inc. 2025 New Jersey Multiple Listing Service Inc. All rights reserved.