








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Bloomfield at 284 Broughton Ave, Bloomfield, NJ, 07003 at $515,999 posts ROI 26.29% with $882/mo cash flow from $4,560/mo rent. Total monthly income equals $4,560/mo, and annual cash flow records $10,579/yr on $169,764 to close. Return on cash invested measures 26.29% and rental yield reads 10.6% at the current $515,999. Equity gained on principal adds $3,330/yr, and 5% annual appreciation supports $142,561 by year five. Five-year ROI prints 138.29% and total cumulative return in cash totals $234,771.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,560/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1953
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07003, Bloomfield, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,968 (100%) |
| Owner Occupied HU | 10,598 (46.1%) |
| Renter Occupied HU | 11,569 (50.4%) |
| Vacant Housing Units | 801 ( 3.5%) |
| Median Home Value | $487,407 |
| Average Home Value | $534,557 |
Residential
20,440
Single Family
14,128
Multi-Family
6,312
Businesses
1,460
Date | Event | Price |
|---|---|---|
| 2024-07-24 | Listed for sale | $515,999 |
| 2014-04-19 | Listing removed | $2,500 |
| 2014-03-19 | Listed for rent | $2,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $10430.22 | N/A | $299,700 | N/A |
| 2022-10-16 | $10430.22 | N/A | $299,700 | N/A |
| 2021-10-16 | $10430.22 | N/A | $299,700 | N/A |



Listed by: David Naseef • Re/Max Elite Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3915124
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