23 Bourne Cir #204HamburgNJ07419
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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 Hamburg at 23 Bourne Cir #204, Hamburg, NJ, 07419 generates $3,359/mo in rent and, after a $2,031/mo payment, leaves $78/mo in cash flow. Total monthly income is $3,359/mo, and annual cash flow is $938/yr on $137,573 invested. Return on cash invested sits at 20.59% in year one, and rental yield is 9.71% on a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 108.78% and total cumulative return in cash sums $149,649. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,359/mo property income rather than buyer’s personal income.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
$323 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07419, Hamburg, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,370 (100%) |
| Owner Occupied HU | 3,253 (74.4%) |
| Renter Occupied HU | 884 (20.2%) |
| Vacant Housing Units | 233 ( 5.3%) |
| Median Home Value | $359,972 |
| Average Home Value | $385,212 |
Housing Distribution
Address Breakdown
Residential
4,301
Single Family
4,297
Multi-Family
4
Businesses
248
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Listed by: Steven Betts • Berkshire Hathaway Home Services Fox & Roach Realtors - Montclair
Mls Name: NJMLS
Mls Provider:
Mls ID: #25016407
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