790 River Rd APT 343, Edgewater, NJ, 07020 | $496/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

790 River Rd APT 343, Edgewater, NJ, 07020 | $496/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
- sft

800 River Rd APT 323, Edgewater, NJ, 07020

2 Bed
2 Bath
- sft

100 Crown Ct APT 482, Edgewater, NJ, 07020

1 Bed
1 Bath
523 sft

150 W 51st St APT 1120, New York, NY, 10019

Motivated Seller+ 1 more

3 Bed
2 Bath
1894 sft

370 Princeton Rd, Union, NJ, 07083

Nearby investment properties with comparable prices

4 Bed
2 Bath
- sft

436 Cliff St, Fairview, NJ, 07022

1 Bed
1 Bath
630 sft

228 Bloomfield St APT 12, Hoboken, NJ, 07030

- Bed
1 Bath
513 sft

160 1st St APT 508, Jersey City, NJ, 07302

1 Bed
1 Bath
687 sft

10 Regent St APT 608, Jersey City, NJ, 07302

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Edgewater at 790 River Rd APT 343, Edgewater, NJ, 07020 generates $4,658/mo in rent and, after a $2,858/mo payment, leaves $496/mo in cash flow. Total monthly income is $4,658/mo, and annual cash flow is $5,952/yr on $192,099 invested. Return on cash invested sits at 23.16% in year one, and rental yield is 9.57% on a $583,888 entry. Equity gained on principal adds $3,768/yr, while 5% annual appreciation builds toward $161,317 over five years. Five-year ROI reaches 121.46% and total cumulative return in cash sums $233,333. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,658/mo property income rather than buyer’s personal income.

Condo

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

Stunning southeast-facing top-floor (3rd floor) 2BR/2BA unit offering panoramic NYC skyline views from the balcony and every room. This sun-filled home features approx. 1,264 sq. ft. of open living space with skylights, wood burning fire place, central AC, in-unit washer/dryer, updated HVAC, stainless steel appliances, granite countertops, and two outdoor parking spaces. The primary bedroom includes ample closets and an updated en-suite bathroom, with a well-sized second bedroom and full bath. Community amenities include an outdoor pool, fitness center, community room, and guest parking. Conveniently located within walking distance to NYC bus and ferry, parks, shops, restaurants, and houses of worship, with some of the lowest taxes outside of Edgewater and a well-managed, low-fee HOA at Crown Village.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07020, Edgewater, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,338 (100%)
Owner Occupied HU	2,578 (35.1%)
Renter Occupied HU	4,135 (56.4%)
Vacant Housing Units	625 ( 8.5%)
Median Home Value	$847,464
Average Home Value	$933,297