35 Benson St, Bloomfield, NJ, 07003 | 6.64% Rental Yield

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35 Benson St, Bloomfield, NJ, 07003 | 6.64% Rental Yield | Ziffy

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

Investment property for sale in Bloomfield at 35 Benson St, Bloomfield, NJ, 07003 listed at $749,000 pairs $4,146/mo rent with a $3,666/mo payment. Total monthly income runs $4,146/mo. Return on cash invested measures 14.25% in year one, and rental yield registers 6.64% at a $749,000 basis. Equity gained on principal adds $4,833/yr, and annual property appreciation at 5% supports $206,935 by year five. Five-year ROI tracks 73.72% and total cumulative return in cash totals $181,672. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,146/mo property income relative to a $3,666/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1920

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

Bright and Spacious Center-Hall Colonial on a Quiet Bloomfield Street. This charming home offers a classic center-hall layout with an open and airy feel, set on a peaceful, tree-lined street in Bloomfield. The first floor features a large bonus room that can be used as an additional bedroom, home office, or large den. Upstairs, you'll find well-proportioned bedrooms filled with natural light and a beautifully renovated bathroom with oversized custome shower and Bold New Look of awesome Soaking Tub. Laundry upstairs and in basement for your convenience. Enjoy a spacious and private backyard perfect for relaxing or entertaining. Conveniently located near Broad Street's shops and restaurants, Bloomfield Green, and the high school. Easy access to public transportation makes commuting a breeze.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07003, Bloomfield, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,968 (100%)
Owner Occupied HU	10,598 (46.1%)
Renter Occupied HU	11,569 (50.4%)
Vacant Housing Units	801 ( 3.5%)
Median Home Value	$487,407
Average Home Value	$534,557