147 Bonnie Lee DrNorthfieldNJ08225
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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 Northfield at 147 Bonnie Lee Dr, Northfield, NJ, 08225 priced at $724,000 converts $3,381/mo rent into after a $3,544/mo obligation. Total monthly income equals $3,381/mo. Return on cash invested prints 11.09% in year one, and rental yield reads 5.6% against a $724,000 entry. Equity gained on principal adds $4,672/yr, while 5% annual appreciation compiles into $200,028 by year five. Five-year ROI reaches 56.79% and total cumulative return in cash sums $135,279. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,381/mo property income covering a $3,544/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.43 Acres 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: Anthony Guerriero • Keller Williams Realty Jersey Shore-Ocean City
Mls Name: SJSRMLS
Mls ID: #597414