38 Van Doren WayBelle MeadNJ08502
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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 Belle Mead at 38 Van Doren Way, Belle Mead, NJ, 08502 earns from $5,502/mo rent with a $4,478/mo payment. Total monthly income totals $5,502/mo. ROI tracks 16% on current figures, and rental yield reads 7.22% at a $915,000 purchase. Equity gained on principal adds $5,904/yr, and 5% annual appreciation supports $252,798 over five years. Five-year ROI reaches 83.07% and total cumulative return in cash sums $250,073. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,502/mo property income instead of your personal income.
Single Family
Built in 1980
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08502, Belle Mead, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,917 (100%) |
| Owner Occupied HU | 2,931 (74.8%) |
| Renter Occupied HU | 894 (22.8%) |
| Vacant Housing Units | 92 ( 2.3%) |
| Median Home Value | $790,470 |
| Average Home Value | $809,893 |
Housing Distribution
Address Breakdown
Residential
4,021
Single Family
3,907
Multi-Family
114
Businesses
153
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Listed by: Stephanie D. Will • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3988862