50 Pine StBeverlyNJ08010
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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 Beverly at 50 Pine St, Beverly, NJ, 08010 priced at $325,000 converts $2,321/mo rent into $4/mo cash flow after a $1,591/mo obligation. Total monthly income equals $2,321/mo, and annual cash flow totals $50/yr on $107,738 invested. Return on cash invested prints 19.96% in year one, and rental yield reads 8.57% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 104.34% and total cumulative return in cash sums $112,417. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,321/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 1920
2,836 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08010, Beverly, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,126 (100%) |
| Owner Occupied HU | 3,038 (59.3%) |
| Renter Occupied HU | 1,788 (34.9%) |
| Vacant Housing Units | 300 ( 5.9%) |
| Median Home Value | $292,833 |
| Average Home Value | $342,385 |
Housing Distribution
Address Breakdown
Residential
4,955
Single Family
4,663
Multi-Family
292
Businesses
214
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Listed by: Austin Wuest • Society
Mls Name: Bright MLS
Mls ID: #NJBL2098134