175 Delavan AveBellevilleNJ07109
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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 Belleville at 175 Delavan Ave, Belleville, NJ, 07109 priced at $598,888 pairs $4,747/mo rent with $478/mo cash flow after a $2,931/mo payment. Total monthly income equals $4,747/mo, and annual cash flow comes to $5,742/yr on $197,034 invested. Return on cash invested is 22.97% in year one, and rental yield stands at 9.51% on a $598,888 basis. Equity gained on principal adds $3,865/yr, and 5% annual appreciation accumulates to $165,462 by year five. Five-year ROI measures 120.49% and total cumulative return in cash reaches $237,407. For financing, Ziffy Mortgage’s DSCR program evaluates $4,747/mo property income against a $2,931/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
6,534 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: Janet Castro • New And Modern Group
Mls Name: GSMLS
Mls ID: #3975137