191 Summit AvenueBelfordNJ07718
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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 Belford at 191 Summit Avenue, Belford, NJ, 07718 at $799,999 posts ROI 16.69% with from $4,964/mo rent. Total monthly income equals $4,964/mo. Return on cash invested measures 16.69% and rental yield reads 7.45% at the current $799,999. Equity gained on principal adds $5,162/yr, and 5% annual appreciation supports $221,025 by year five. Five-year ROI prints 86.81% and total cumulative return in cash totals $228,487. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,964/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07718, Belford, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,393 (100%) |
| Owner Occupied HU | 2,057 (86.0%) |
| Renter Occupied HU | 242 (10.1%) |
| Vacant Housing Units | 94 ( 3.9%) |
| Median Home Value | $566,563 |
| Average Home Value | $593,610 |
Housing Distribution
Address Breakdown
Residential
2,278
Single Family
2,268
Multi-Family
10
Businesses
155
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Listed by: Marie Gentile • Keller Williams Realty Freehold
Mls Name: MoreMLS
Mls ID: #22601459