100 Knickerbocker DrBelle MeadNJ08502
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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 Belle Mead at 100 Knickerbocker Dr, Belle Mead, NJ, 08502 offers $6,385/mo rent that, after a $6,730/mo payment. Total monthly income is $6,385/mo. Return on cash invested measures 11.17% in year one, and rental yield stands at 5.57% at a $1,375,000 entry. Equity gained on principal adds $8,873/yr while 5% annual appreciation compounds into $379,887 by year five. Five-year ROI records 57.14% and total cumulative return in cash reaches $254,562. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,385/mo property income versus a $6,730/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08502, Belle Mead, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,917 (100%) |
| Owner Occupied HU | 2,931 (74.8%) |
| Renter Occupied HU | 894 (22.8%) |
| Vacant Housing Units | 92 ( 2.3%) |
| Median Home Value | $790,470 |
| Average Home Value | $809,893 |
Housing Distribution
Address Breakdown
Residential
4,021
Single Family
3,907
Multi-Family
114
Businesses
153
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Listed by: David Nelson • Tesla Realty Group LLC
Mls Name: Bright MLS
Mls ID: #NJSO2005186