292 Macopin RdBloomingdaleNJ07403
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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
Investment property for sale in Bloomingdale at 292 Macopin Rd, Bloomingdale, NJ, 07403 uses $99,450 cash to close to unlock $7,464/yr annual cash flow and $622/mo monthly cash flow. Total monthly income runs $2,760/mo, and a $1,468/mo payment keeps the spread at $622/mo. Purchase price stands at $300,000, and rental yield measures 11.04% with $2,760/mo rent. Return on cash invested shows 27.41% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 144.31% and total cumulative return in cash records $143,520. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,760/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1900
4,791 sqft 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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Listed by: Wenner Nunes • Keller Williams Park Views
Mls Name: GSMLS
Mls ID: #3994843