311 Catawba Ave, Newfield, NJ, 08344 | Equity Gain $3,194/yr

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $864/mo, and a $2,423/mo payment. Purchase price stands at $495,000, and rental yield measures 2.09% with $864/mo rent. Return on cash invested shows 0.42% in year one, and 5% annual appreciation builds toward $136,759 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $864/mo property income covering a $2,423/mo payment rather than investor’s personal income.

Single Family

Built in 1960

0.80 Acres lot

$N/A/sqft

No HOA