182 Free Union RdBelvidereNJ07823
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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 Belvidere at 182 Free Union Rd, Belvidere, NJ, 07823 at $899,900 posts ROI 11.5% with from $4,302/mo rent. Total monthly income equals $4,302/mo. Return on cash invested measures 11.5% and rental yield reads 5.74% at the current $899,900. Equity gained on principal adds $5,807/yr, and 5% annual appreciation supports $248,626 by year five. Five-year ROI prints 58.95% and total cumulative return in cash totals $174,532. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,302/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
9.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07823, Belvidere, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,607 (100%) |
| Owner Occupied HU | 2,529 (70.1%) |
| Renter Occupied HU | 804 (22.3%) |
| Vacant Housing Units | 274 ( 7.6%) |
| Median Home Value | $345,364 |
| Average Home Value | $410,389 |
Housing Distribution
Address Breakdown
Residential
3,391
Single Family
3,118
Multi-Family
273
Businesses
234
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Nearby investment properties with comparable prices
Listed by: Judith Longo • Bhgre Green Team
Mls Name: GSMLS
Mls ID: #3988127