211 Broad StBeverlyNJ08010
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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 Beverly at 211 Broad St, Beverly, NJ, 08010 priced at $299,999 pairs $2,082/mo rent with after a $1,468/mo payment. Total monthly income equals $2,082/mo. Return on cash invested is 19.23% in year one, and rental yield stands at 8.33% on a $299,999 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 100.43% and total cumulative return in cash reaches $99,876. For financing, Ziffy Mortgage’s DSCR program evaluates $2,082/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
2,997 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08010, Beverly, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,126 (100%) |
| Owner Occupied HU | 3,038 (59.3%) |
| Renter Occupied HU | 1,788 (34.9%) |
| Vacant Housing Units | 300 ( 5.9%) |
| Median Home Value | $292,833 |
| Average Home Value | $342,385 |
Housing Distribution
Address Breakdown
Residential
4,955
Single Family
4,663
Multi-Family
292
Businesses
214
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Listed by: Emre Yucel • HomeSmart First Advantage Realty
Mls Name: Bright MLS
Mls ID: #NJBL2093656