8 Wilcox AveSouth 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 8 Wilcox Ave, South River, NJ, 08882 at $485,000 posts ROI 20.54% with $85/mo cash flow from $3,542/mo rent. Total monthly income equals $3,542/mo, and annual cash flow records $1,018/yr on $160,778 to close. Return on cash invested measures 20.54% and rental yield reads 8.76% at the current $485,000. Equity gained on principal adds $3,130/yr, and 5% annual appreciation supports $133,997 by year five. Five-year ROI prints 107.46% and total cumulative return in cash totals $172,778.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,542/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1926
3,920 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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Nearby investment properties with comparable prices
Listed by: Kimberlee Mcclellan • Ai Brokers Llc
Mls Name: GSMLS
Mls ID: #4005779