331 County Road 513CalifonNJ07830
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 331 County Road 513, Califon, NJ, 07830 in Califon: $4,031/mo in rent, $645/mo net, 10.18% gross yield, all on a $475,000 acquisition. The 1.89 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $131,234 in value, and $4,375/yr in principal paydown steadily builds equity. Projected total cumulative return: $223,610.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.2% |
| Monthly Cash Flow | $645 | $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 | $4,031 |
| Total Monthly Debt Service | $3,197 |
| DSCR Ratio | 1.26x |
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 1961
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07830, Califon, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,849 (100%) |
| Owner Occupied HU | 2,402 (84.3%) |
| Renter Occupied HU | 257 ( 9.0%) |
| Vacant Housing Units | 190 ( 6.7%) |
| Median Home Value | $678,026 |
| Average Home Value | $742,443 |
Housing Distribution
Address Breakdown
Residential
2,451
Single Family
2,451
Multi-Family
0
Businesses
191
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 1961
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07830, Califon, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,849 (100%) |
| Owner Occupied HU | 2,402 (84.3%) |
| Renter Occupied HU | 257 ( 9.0%) |
| Vacant Housing Units | 190 ( 6.7%) |
| Median Home Value | $678,026 |
| Average Home Value | $742,443 |
Housing Distribution
Address Breakdown
Residential
2,451
Single Family
2,451
Multi-Family
0
Businesses
191
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sharon Groben • Weichert Realtors
Mls Name: GSMLS
Mls ID: #4007290