119 East RdBelfordNJ07718
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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 Belford at 119 East Rd, Belford, NJ, 07718 priced at $599,990 pairs $2,280/mo rent with after a $2,937/mo payment. Total monthly income equals $2,280/mo. Return on cash invested is 7.92% in year one, and rental yield stands at 4.56% on a $599,990 basis. Equity gained on principal adds $3,872/yr, and 5% annual appreciation accumulates to $165,766 by year five. Five-year ROI measures 39.78% and total cumulative return in cash reaches $78,525. For financing, Ziffy Mortgage’s DSCR program evaluates $2,280/mo property income against a $2,937/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07718, Belford, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,393 (100%) |
| Owner Occupied HU | 2,057 (86.0%) |
| Renter Occupied HU | 242 (10.1%) |
| Vacant Housing Units | 94 ( 3.9%) |
| Median Home Value | $566,563 |
| Average Home Value | $593,610 |
Housing Distribution
Address Breakdown
Residential
2,278
Single Family
2,268
Multi-Family
10
Businesses
155
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Listed by: Samuel Colon • Exp Realty, Llc
Mls Name: GSMLS
Mls ID: #4002158