309 Clark PlNorthfieldNJ08225
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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 Northfield at 309 Clark Pl, Northfield, NJ, 08225 listed at $495,000 pairs $4,753/mo rent with a $2,423/mo payment to leave $1,225/mo cash flow. Total monthly income runs $4,753/mo, and annual cash flow reaches $14,694/yr on $164,093 cash to close. Return on cash invested measures 28.86% in year one, and rental yield registers 11.52% at a $495,000 basis. Equity gained on principal adds $3,194/yr, and annual property appreciation at 5% supports $136,759 by year five. Five-year ROI tracks 152.1% and total cumulative return in cash totals $249,586. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,753/mo property income relative to a $2,423/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08225, Northfield, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,585 (100%) |
| Owner Occupied HU | 2,739 (76.4%) |
| Renter Occupied HU | 505 (14.1%) |
| Vacant Housing Units | 341 ( 9.5%) |
| Median Home Value | $381,876 |
| Average Home Value | $443,246 |
Housing Distribution
Address Breakdown
Residential
3,416
Single Family
3,416
Multi-Family
0
Businesses
561
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Listed by: CLENVIC CAYME • CAYME REALTY LLC
Mls Name: SJSRMLS
Mls ID: #599467