10 Lommason Glen RdBelvidereNJ07823
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 Belvidere at 10 Lommason Glen Rd, Belvidere, NJ, 07823 with 5% annual appreciation on a $389,200 basis while $3,404/mo rent supports operations. Total monthly income totals $3,404/mo and a $1,905/mo payment preserves $630/mo for cash returns. Annual cash flow comes to $7,557/yr on $129,020 deployed, and return on cash invested reaches 25.77% in year one. Equity gained on principal adds $2,511/yr, and five-year appreciation sums $107,529 alongside rental yield of 10.5%. Five-year ROI measures 135.47% and total cumulative return in cash totals $174,789.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,404/mo property income versus a $1,905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1888
1.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07823, Belvidere, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,607 (100%) |
| Owner Occupied HU | 2,529 (70.1%) |
| Renter Occupied HU | 804 (22.3%) |
| Vacant Housing Units | 274 ( 7.6%) |
| Median Home Value | $345,364 |
| Average Home Value | $410,389 |
Housing Distribution
Address Breakdown
Residential
3,391
Single Family
3,118
Multi-Family
273
Businesses
234
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A