46 Ichabod Crane LnBelle 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
Total monthly income runs $3,084/mo, and a $7,709/mo payment. Purchase price stands at $1,575,000, and rental yield measures 2.35% with $3,084/mo rent. Return on cash invested shows 1.22% in year one, and 5% annual appreciation builds toward $435,143 over five years. Five-year ROI reaches 3.8% and total cumulative return in cash records $19,382. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,084/mo property income covering a $7,709/mo payment rather than investor’s personal income.
Single Family
Built in 1995
1.01 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: Cynthia Fowlkes • Re/Max Instyle
Mls Name: GSMLS
Mls ID: #3973184