26 Clinton St #9BellevilleNJ07109
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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 Belleville at 26 Clinton St #9, Belleville, NJ, 07109 priced at $229,000 converts $2,183/mo rent into $551/mo cash flow after a $1,121/mo obligation. Total monthly income equals $2,183/mo, and annual cash flow totals $6,607/yr on $75,914 invested. Return on cash invested prints 28.61% in year one, and rental yield reads 11.44% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 150.75% and total cumulative return in cash sums $114,437. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,183/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Condo
Built in 1970
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07109, Belleville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,919 (100%) |
| Owner Occupied HU | 7,493 (50.2%) |
| Renter Occupied HU | 6,796 (45.6%) |
| Vacant Housing Units | 630 ( 4.2%) |
| Median Home Value | $443,402 |
| Average Home Value | $487,879 |
Housing Distribution
Address Breakdown
Residential
13,696
Single Family
11,188
Multi-Family
2,508
Businesses
887
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Listed by: David Quinones • Coldwell Banker Garden State
Mls Name: GSMLS
Mls ID: #3995602