51 Blakely LnNewfoundlandNJ07435
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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 51 Blakely Ln, Newfoundland, NJ, 07435 generates $2,947/mo in rent and, after a $2,015/mo payment, leaves $13/mo in cash flow. Total monthly income is $2,947/mo, and annual cash flow is $153/yr on $136,445 invested. Return on cash invested sits at 20.02% in year one, and rental yield is 8.59% on a $411,600 entry. Equity gained on principal adds $2,656/yr, while 5% annual appreciation builds toward $113,717 over five years. Five-year ROI reaches 104.67% and total cumulative return in cash sums $142,822. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,947/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
1.30 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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