56 Railroad AveBelfordNJ07718
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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 Belford at 56 Railroad Ave, Belford, NJ, 07718 generates $3,131/mo in rent, after a $2,472/mo payment. Total monthly income is $3,131/mo. Return on cash invested sits at 16.67% in year one, and rental yield is 7.44% on a $505,000 entry. Equity gained on principal adds $3,259/yr, while 5% annual appreciation builds toward $139,522 over five years. Five-year ROI reaches 86.73% and total cumulative return in cash sums $144,090. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,131/mo property income rather than buyer’s personal income.
Multi Family
Built in 1908
0.37 Acres 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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