54 Front StBelvidereNJ07823
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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 54 Front St, Belvidere, NJ, 07823 offers a 12% rental yield on a $339,000 purchase with $3,389/mo rent. Total monthly income registers $3,389/mo, and a $1,659/mo payment leaves $973/mo available for distribution. Annual cash flow reaches $11,675/yr on $112,379 to close, and return on cash invested stands at 30.3% in year one. Equity gained on principal adds $2,188/yr while 5% annual appreciation supports $93,659 over five years. Portfolio math shows five-year ROI at 159.77% and total cumulative return in cash at $179,548. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,389/mo property income against a $1,659/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1888
7,405 sqft lot
$N/A/sqft
No 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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Listed by: Jason Freeby • Freeby Lai Real Estate
Mls Name: GSMLS
Mls ID: #3993506