14 Hewitt AveBellevilleNJ07109
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
Total monthly income runs $3,000/mo, and a $2,912/mo payment. Purchase price stands at $595,000, and rental yield measures 6.05% with $3,000/mo rent. Return on cash invested shows 12.45% in year one, and 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 64.09% and total cumulative return in cash records $125,462. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $2,912/mo payment rather than investor’s personal income.
Condo
Built in 1937
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07109, Belleville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,919 (100%) |
| Owner Occupied HU | 7,493 (50.2%) |
| Renter Occupied HU | 6,796 (45.6%) |
| Vacant Housing Units | 630 ( 4.2%) |
| Median Home Value | $443,402 |
| Average Home Value | $487,879 |
Housing Distribution
Address Breakdown
Residential
13,696
Single Family
11,188
Multi-Family
2,508
Businesses
887
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tena Lindsay-mckenzie • Cqr Continental Quality Realty
Mls Name: GSMLS
Mls ID: #3995793