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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Belvidere at 404 3Rd St, Belvidere, NJ, 07823 generates $1,860/mo in rent, after a $1,835/mo payment. Total monthly income is $1,860/mo. Return on cash invested sits at 12.07% in year one, and rental yield is 5.95% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 62.01% and total cumulative return in cash sums $77,091. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,860/mo property income rather than buyer’s personal income.
Multi Family
Built in 1860
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07823, Belvidere, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,607 (100%) |
| Owner Occupied HU | 2,529 (70.1%) |
| Renter Occupied HU | 804 (22.3%) |
| Vacant Housing Units | 274 ( 7.6%) |
| Median Home Value | $345,364 |
| Average Home Value | $410,389 |
Residential
3,391
Single Family
3,118
Multi-Family
273
Businesses
234
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Susan Dileo • Melchor Realty
Mls Name: GSMLS
Mls ID: #3979540
