5 Allison Ave UNIT 1NewfoundlandNJ07435
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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 Newfoundland at 5 Allison Ave UNIT 1, Newfoundland, NJ, 07435 offers $2,008/mo rent that, after a $1,463/mo payment. Total monthly income is $2,008/mo. Return on cash invested measures 18.42% in year one, and rental yield stands at 8.06% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 96.13% and total cumulative return in cash reaches $95,278. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,008/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Apartment
Built in 1930
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07435, Newfoundland, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,223 (100%) |
| Owner Occupied HU | 748 (61.2%) |
| Renter Occupied HU | 253 (20.7%) |
| Vacant Housing Units | 222 (18.2%) |
| Median Home Value | $492,988 |
| Average Home Value | $593,583 |
Housing Distribution
Address Breakdown
Residential
1,113
Single Family
1,113
Multi-Family
0
Businesses
225
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Listed by: Mark Werner • Werner Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3955846
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