59-61 Brighton Avenue U-5 #5BellevilleNJ07109
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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 Belleville at 59-61 Brighton Avenue U-5 #5, Belleville, NJ, 07109 generates $1,616/mo in rent and, after a $1,101/mo payment, leaves $13/mo in cash flow. Total monthly income is $1,616/mo, and annual cash flow is $150/yr on $74,588 invested. Return on cash invested sits at 20.11% in year one, and rental yield is 8.62% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 105.18% and total cumulative return in cash sums $78,453. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,616/mo property income rather than buyer’s personal income.
Condo
Built in 1950
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07109, Belleville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,919 (100%) |
| Owner Occupied HU | 7,493 (50.2%) |
| Renter Occupied HU | 6,796 (45.6%) |
| Vacant Housing Units | 630 ( 4.2%) |
| Median Home Value | $443,402 |
| Average Home Value | $487,879 |
Housing Distribution
Address Breakdown
Residential
13,696
Single Family
11,188
Multi-Family
2,508
Businesses
887
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Listed by: Frances Liteplo • Re/Max First Realty
Mls Name: GSMLS
Mls ID: #3995177