214 Belmont AvePleasantvilleNJ08232
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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 Pleasantville at 214 Belmont Ave, Pleasantville, NJ, 08232 priced at $264,900 pairs $2,640/mo rent with $751/mo cash flow after a $1,297/mo payment. Total monthly income equals $2,640/mo, and annual cash flow comes to $9,017/yr on $87,814 invested. Return on cash invested is 30.18% in year one, and rental yield stands at 11.96% on a $264,900 basis. Equity gained on principal adds $1,709/yr, and 5% annual appreciation accumulates to $73,187 by year five. Five-year ROI measures 159.15% and total cumulative return in cash reaches $139,760. For financing, Ziffy Mortgage’s DSCR program evaluates $2,640/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08232, Pleasantville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,662 (100%) |
| Owner Occupied HU | 3,379 (44.1%) |
| Renter Occupied HU | 3,760 (49.1%) |
| Vacant Housing Units | 523 ( 6.8%) |
| Median Home Value | $257,981 |
| Average Home Value | $336,699 |
Housing Distribution
Address Breakdown
Residential
6,651
Single Family
6,029
Multi-Family
622
Businesses
674
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Listed by: Rob Bunis • Prime Realty Partners
Mls Name: Bright MLS
Mls ID: #NJAC2022392