8101 Sanctuary Blvd BLDG 8 #8101RiverdaleNJ07457
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 8101 Sanctuary Blvd BLDG 8 #8101, Riverdale, NJ, 07457 uses $116,025 cash to close to unlock $5,608/yr annual cash flow and $467/mo monthly cash flow. Total monthly income runs $2,962/mo, and a $1,713/mo payment keeps the spread at $467/mo. Purchase price stands at $349,999, and rental yield measures 10.16% with $2,962/mo rent. Return on cash invested shows 24.74% in year one, and 5% annual appreciation builds toward $96,698 over five years. Five-year ROI reaches 130.02% and total cumulative return in cash records $150,854. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,962/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Condo
Built in 2007
5,662 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Smith • Keller Williams Prosperity Realty
Mls Name: GSMLS
Mls ID: #4006061