400 Dolphin AveNorthfieldNJ08225
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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 400 Dolphin Ave, Northfield, NJ, 08225 uses $147,484 cash to close to unlock $6,605/yr annual cash flow and $550/mo monthly cash flow. Total monthly income runs $3,722/mo, and a $2,178/mo payment keeps the spread at $550/mo. Purchase price stands at $444,900, and rental yield measures 10.04% with $3,722/mo rent. Return on cash invested shows 24.39% in year one, and 5% annual appreciation builds toward $122,918 over five years. Five-year ROI reaches 128.1% and total cumulative return in cash records $188,929. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,722/mo property income covering a $2,178/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.37 Acres 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: CORINNA BURKE, GRI • CENTURY 21 ATLANTIC PROFESSIONAL REALTY
Mls Name: SJSRMLS
Mls ID: #602474