102 Montgomery St 15 #15BloomfieldNJ07003
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 Bloomfield at 102 Montgomery St 15 #15, Bloomfield, NJ, 07003 earns $195/mo cash flow from $3,758/mo rent with a $2,447/mo payment. Total monthly income totals $3,758/mo, and annual cash flow totals $2,335/yr on $165,717 capital. ROI tracks 21.32% on current figures, and rental yield reads 9.02% at a $499,900 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 over five years. Five-year ROI reaches 111.64% and total cumulative return in cash sums $185,004. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,758/mo property income instead of your personal income.
Townhouse
Built in 2013
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07003, Bloomfield, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,968 (100%) |
| Owner Occupied HU | 10,598 (46.1%) |
| Renter Occupied HU | 11,569 (50.4%) |
| Vacant Housing Units | 801 ( 3.5%) |
| Median Home Value | $487,407 |
| Average Home Value | $534,557 |
Housing Distribution
Address Breakdown
Residential
20,440
Single Family
14,128
Multi-Family
6,312
Businesses
1,460
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly Teixeira • Signature Realty Nj
Mls Name: GSMLS
Mls ID: #3993645