239 Union AveBloomingdaleNJ07403
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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 Bloomingdale at 239 Union Ave, Bloomingdale, NJ, 07403 priced at $434,600 converts $3,667/mo rent into $569/mo cash flow after a $2,127/mo obligation. Total monthly income equals $3,667/mo, and annual cash flow totals $6,833/yr on $144,070 invested. Return on cash invested prints 24.65% in year one, and rental yield reads 10.13% against a $434,600 entry. Equity gained on principal adds $2,804/yr, while 5% annual appreciation compiles into $120,072 by year five. Five-year ROI reaches 129.52% and total cumulative return in cash sums $186,595. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,667/mo property income covering a $2,127/mo payment, not borrower’s personal income.
Single Family
Built in 1910
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07403, Bloomingdale, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,166 (100%) |
| Owner Occupied HU | 2,141 (67.6%) |
| Renter Occupied HU | 874 (27.6%) |
| Vacant Housing Units | 151 ( 4.8%) |
| Median Home Value | $456,880 |
| Average Home Value | $499,813 |
Housing Distribution
Address Breakdown
Residential
3,070
Single Family
2,950
Multi-Family
120
Businesses
219
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