480 Belgrove DrKearnyNJ07032
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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
Rental property for sale in Kearny at 480 Belgrove Dr, Kearny, NJ, 07032 priced at $434,900 pairs $3,798/mo rent with $698/mo cash flow after a $2,129/mo payment. Total monthly income equals $3,798/mo, and annual cash flow comes to $8,373/yr on $144,169 invested. Return on cash invested is 25.72% in year one, and rental yield stands at 10.48% on a $434,900 basis. Equity gained on principal adds $2,806/yr, and 5% annual appreciation accumulates to $120,155 by year five. Five-year ROI measures 135.22% and total cumulative return in cash reaches $194,945. For financing, Ziffy Mortgage’s DSCR program evaluates $3,798/mo property income against a $2,129/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07032, Kearny, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,485 (100%) |
| Owner Occupied HU | 6,112 (39.5%) |
| Renter Occupied HU | 8,682 (56.1%) |
| Vacant Housing Units | 691 ( 4.5%) |
| Median Home Value | $501,789 |
| Average Home Value | $550,777 |
Housing Distribution
Address Breakdown
Residential
13,214
Single Family
9,548
Multi-Family
3,666
Businesses
1,303
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Listed by: Felix Rosario • Re/Max Professionals I
Mls Name: GSMLS
Mls Provider:
Mls ID: #3945879
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