31 Hamilton StBloomingdaleNJ07403
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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 31 Hamilton St, Bloomingdale, NJ, 07403 offers a 8.96% rental yield on a $459,000 purchase with $3,427/mo rent. Total monthly income registers $3,427/mo, and a $2,247/mo payment leaves $155/mo available for distribution. Annual cash flow reaches $1,859/yr on $152,159 to close, and return on cash invested stands at 21.13% in year one. Equity gained on principal adds $2,962/yr while 5% annual appreciation supports $126,813 over five years. Portfolio math shows five-year ROI at 110.62% and total cumulative return in cash at $168,323. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,427/mo property income against a $2,247/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1909
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: Mark Werner • Werner Realty
Mls Name: GSMLS
Mls ID: #3997581