154 Ashland Ave, Bloomfield, NJ, 07003 | 7.93% Rental Yield

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154 Ashland Ave, Bloomfield, NJ, 07003 | 7.93% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $5,280/mo, and a $3,911/mo payment. Purchase price stands at $799,000, and rental yield measures 7.93% with $5,280/mo rent. Return on cash invested shows 18.16% in year one, and 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 94.69% and total cumulative return in cash records $248,922. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,280/mo property income covering a $3,911/mo payment rather than investor’s personal income.

Single Family

Built in 1910

4,791 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully updated 5-bedroom, 4-bath home offering space, style, and comfort in a prime Bloomfield location. Step inside to find sun-filled, generously sized rooms with gleaming hardwood floors throughout. The bright white kitchen features granite countertops, a walk-in pantry, and plenty of cabinet space perfect for everyday living and entertaining. The second floor boasts 4 spacious bedrooms and a full bath, while the private third-floor primary suite offers a walk-in closet and ensuite bathroom. The finished basement adds even more living space, complete with a full bathroom, recreation area, and office. Relax or entertain outdoors on the welcoming front porch, back deck, or patio overlooking the grassy yard. A detached 2-car garage provides ample parking and storage. With a functional layout, and timeless finishes, this home is ready for its next chapter.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07003, Bloomfield, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,968 (100%)
Owner Occupied HU	10,598 (46.1%)
Renter Occupied HU	11,569 (50.4%)
Vacant Housing Units	801 ( 3.5%)
Median Home Value	$487,407
Average Home Value	$534,557