15 Northfield AveNorthfieldNJ08225
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
Investment property for sale in Northfield at 15 Northfield Ave, Northfield, NJ, 08225 at $379,900 posts ROI 30.28% with $1,089/mo cash flow from $3,796/mo rent. Total monthly income equals $3,796/mo, and annual cash flow records $13,063/yr on $125,937 to close. Return on cash invested measures 30.28% and rental yield reads 11.99% at the current $379,900. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 by year five. Five-year ROI prints 159.7% and total cumulative return in cash totals $201,125.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,796/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
0.28 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MICHAEL HOBAN • GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Mls Name: SJSRMLS
Mls ID: #599568