5017 Brookfield Glen DrBelvidereNJ07823
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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
Investment property for sale in Belvidere at 5017 Brookfield Glen Dr, Belvidere, NJ, 07823 uses $96,135 cash to close to unlock $2,020/yr annual cash flow and $168/mo monthly cash flow. Total monthly income runs $2,610/mo, and a $1,419/mo payment keeps the spread at $168/mo. Purchase price stands at $290,000, and rental yield measures 10.8% with $2,610/mo rent. Return on cash invested shows 22.01% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 117.06% and total cumulative return in cash records $112,540. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,610/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
$375 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07823, Belvidere, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,607 (100%) |
| Owner Occupied HU | 2,529 (70.1%) |
| Renter Occupied HU | 804 (22.3%) |
| Vacant Housing Units | 274 ( 7.6%) |
| Median Home Value | $345,364 |
| Average Home Value | $410,389 |
Housing Distribution
Address Breakdown
Residential
3,391
Single Family
3,118
Multi-Family
273
Businesses
234
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