9 Independence PlSouth 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
Rental property for sale in South River at 9 Independence Pl, South River, NJ, 08882 generates $4,950/mo in rent, after a $4,503/mo payment. Total monthly income is $4,950/mo. Return on cash invested sits at 13.69% in year one, and rental yield is 6.46% on a $920,000 entry. Equity gained on principal adds $5,937/yr, while 5% annual appreciation builds toward $254,179 over five years. Five-year ROI reaches 70.69% and total cumulative return in cash sums $213,951. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,950/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
0.25 Acres 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: MING XU • EXP REALTY, LLC
Mls Name: All Jersey MLS
Mls ID: #2607743R