551 Chester ParkwayBelfordNJ07718
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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 Belford at 551 Chester Parkway, Belford, NJ, 07718 earns $1,226/mo cash flow from $6,215/mo rent with a $3,426/mo payment. Total monthly income totals $6,215/mo, and annual cash flow totals $14,708/yr on $230,300 capital. ROI tracks 26.45% on current figures, and rental yield reads 10.65% at a $699,999 purchase. Equity gained on principal adds $4,517/yr, and 5% annual appreciation supports $193,397 over five years. Five-year ROI reaches 139.11% and total cumulative return in cash sums $320,379. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,215/mo property income instead of your personal income.
Single Family
Built in N/A
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07718, Belford, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,393 (100%) |
| Owner Occupied HU | 2,057 (86.0%) |
| Renter Occupied HU | 242 (10.1%) |
| Vacant Housing Units | 94 ( 3.9%) |
| Median Home Value | $566,563 |
| Average Home Value | $593,610 |
Housing Distribution
Address Breakdown
Residential
2,278
Single Family
2,268
Multi-Family
10
Businesses
155
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Listed by: Eva G Acevedo • RE/MAX First Class
Mls Name: MoreMLS
Mls ID: #22527187