149 Carpenter StBellevilleNJ07109
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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 Belleville at 149 Carpenter St, Belleville, NJ, 07109 at $625,000 posts ROI 16.02% with from $3,763/mo rent. Total monthly income equals $3,763/mo. Return on cash invested measures 16.02% and rental yield reads 7.22% at the current $625,000. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 by year five. Five-year ROI prints 83.23% and total cumulative return in cash totals $171,133. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,763/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
10,454 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
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Listed by: Jacqueline Fuchs • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3983344