215 Beech Ct #T046NorwoodNJ07648
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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 Norwood at 215 Beech Ct #T046, Norwood, NJ, 07648 listed at $798,000 pairs $7,440/mo rent with a $3,906/mo payment to leave $1,752/mo cash flow. Total monthly income runs $7,440/mo, and annual cash flow reaches $21,022/yr on $262,542 cash to close. Return on cash invested measures 28.07% in year one, and rental yield registers 11.19% at a $798,000 basis. Equity gained on principal adds $5,149/yr, and annual property appreciation at 5% supports $220,473 by year five. Five-year ROI tracks 147.79% and total cumulative return in cash totals $388,024. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,440/mo property income relative to a $3,906/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07648, Norwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,135 (100%) |
| Owner Occupied HU | 1,711 (80.1%) |
| Renter Occupied HU | 345 (16.2%) |
| Vacant Housing Units | 79 ( 3.7%) |
| Median Home Value | $730,032 |
| Average Home Value | $823,280 |
Housing Distribution
Address Breakdown
Residential
2,214
Single Family
2,078
Multi-Family
136
Businesses
266
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Listed by: Hae Sook Kim • RE/MAX Properties Plus
Mls Name: NJMLS
Mls ID: #25032375