3309 Dolphin Ave #3309NorthfieldNJ08225
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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 3309 Dolphin Ave #3309, Northfield, NJ, 08225 uses $49,692 cash to close to unlock $1,299/yr annual cash flow and $108/mo monthly cash flow. Total monthly income runs $1,177/mo, and a $734/mo payment keeps the spread at $108/mo. Purchase price stands at $149,900, and rental yield measures 9.42% with $1,177/mo rent. Return on cash invested shows 22.52% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 118.18% and total cumulative return in cash records $58,727. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,177/mo property income covering a $734/mo payment rather than investor’s personal income.
Condo
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: CATHERINE COLFVER • BALSLEY/LOSCO
Mls Name: SJSRMLS
Mls ID: #603064