46 Basswood StBerlinNJ08009
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
Investment Highlights
Rental property for sale in Berlin at 46 Basswood St, Berlin, NJ, 08009 offers $3,859/mo rent that, after a $2,202/mo payment, leaves $652/mo cash flow. Total monthly income is $3,859/mo, and annual cash flow is $7,824/yr on $149,172 cash. Return on cash invested measures 25.15% in year one, and rental yield stands at 10.29% at a $449,990 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,324 by year five. Five-year ROI records 132.23% and total cumulative return in cash reaches $197,247. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,859/mo property income versus a $2,202/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08009, Berlin, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,654 (100%) |
| Owner Occupied HU | 4,330 (76.6%) |
| Renter Occupied HU | 1,079 (19.1%) |
| Vacant Housing Units | 245 ( 4.3%) |
| Median Home Value | $347,480 |
| Average Home Value | $361,330 |
Housing Distribution
Address Breakdown
Residential
6,213
Single Family
6,073
Multi-Family
140
Businesses
585
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Listed by: N/A • K Hovnanian Homes
Mls Name: K. Hovnanian Companies, LLC
Mls Provider:
Mls ID: #N/A