1306 Dolphin Ave #1306NorthfieldNJ08225
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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
Investment property for sale in Northfield at 1306 Dolphin Ave #1306, Northfield, NJ, 08225 uses $46,377 cash to close to unlock $1,135/yr annual cash flow and $95/mo monthly cash flow. Total monthly income runs $1,092/mo, and a $685/mo payment keeps the spread at $95/mo. Purchase price stands at $139,900, and rental yield measures 9.37% with $1,092/mo rent. Return on cash invested shows 22.36% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 117.25% and total cumulative return in cash records $54,375. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,092/mo property income covering a $685/mo payment rather than investor’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08225, Northfield, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,585 (100%) |
| Owner Occupied HU | 2,739 (76.4%) |
| Renter Occupied HU | 505 (14.1%) |
| Vacant Housing Units | 341 ( 9.5%) |
| Median Home Value | $381,876 |
| Average Home Value | $443,246 |
Housing Distribution
Address Breakdown
Residential
3,416
Single Family
3,416
Multi-Family
0
Businesses
561
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Listed by: FRED FRISCH • BHHS FOX and ROACH-Northfield
Mls Name: SJSRMLS
Mls ID: #598184