325 Reading AveBarringtonNJ08007
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 325 Reading Ave, Barrington, NJ, 08007 in Barrington, $424,900, 8.73% gross yield, $64/mo net income. Consider it a market-entry position, the $3,092/mo rent covers the $1,911/mo payment with a margin, and 5%/yr appreciation is projected to add $117,392 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.62) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $166,946.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.2% |
| Monthly Cash Flow | $64 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,092 |
| Total Monthly Debt Service | $2,860 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1912
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08007, Barrington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,620 (100%) |
| Owner Occupied HU | 1,399 (53.4%) |
| Renter Occupied HU | 1,061 (40.5%) |
| Vacant Housing Units | 160 ( 6.1%) |
| Median Home Value | $294,851 |
| Average Home Value | $341,224 |
Housing Distribution
Address Breakdown
Residential
2,359
Single Family
1,737
Multi-Family
622
Businesses
176
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1912
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08007, Barrington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,620 (100%) |
| Owner Occupied HU | 1,399 (53.4%) |
| Renter Occupied HU | 1,061 (40.5%) |
| Vacant Housing Units | 160 ( 6.1%) |
| Median Home Value | $294,851 |
| Average Home Value | $341,224 |
Housing Distribution
Address Breakdown
Residential
2,359
Single Family
1,737
Multi-Family
622
Businesses
176
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Francesco Pullella • HOF Realty
Mls Name: Bright MLS
Mls ID: #NJCD2102596