22 Pritchard Way, Belvidere, NJ, 07823 | 3.73% Rental Yield

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22 Pritchard Way, Belvidere, NJ, 07823 | 3.73% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Belvidere at 22 Pritchard Way, Belvidere, NJ, 07823 with 5% annual appreciation on a $599,000 basis while $1,860/mo rent supports operations. 39% in year one. Equity gained on principal adds $3,865/yr, and five-year appreciation sums $165,493 alongside rental yield of 3.73%. Five-year ROI measures 26.18% and total cumulative return in cash totals $51,598. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,860/mo property income versus a $2,932/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2000

2.26 Acres lot

$N/A/sqft

No HOA

More details about the property

Pristine center Hall Colonial, built in 2000 with a rocking chair front Porch, filled with light and high ceilings, nestled in the quiet tree lined neighborhood of Deer Meadow Estates in White Township on 2.26 Acres. Spacious first floor with 9' ceilings, double coat closets, Eat-In Granite Center Island Oak Kitchen with a slider to a large private outdoor Patio off the Breakfast nook, open Family room from the Kitchen, large formal Dining room, peaceful Living room, Powder Room and a 1st floor Laundry room complete the first floor. Second floor features 4 bedrooms with double closets, hall bath with tub shower and a large Master Bath with a soaking tub, separate stall shower and double vanity sinks. The Master Bedroom has a huge walk-in Closet with a laundry chute and a linen closet. Full Basement with a bilco walkup door to the rear yard and loads of storage. This home is energy efficient with gas forced hot air heating and central air conditioning, professionally landscaped on 2.26 Acres, new roof, new hot water heater and plenty of fresh air! Enjoy Country Living at it's best, Act Now!

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