6 Essex St #F-32BellevilleNJ07109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Belleville at 6 Essex St #F-32, Belleville, NJ, 07109 at $374,000 posts ROI 25.75% with $604/mo cash flow from $3,270/mo rent. Total monthly income equals $3,270/mo, and annual cash flow records $7,245/yr on $123,981 to close. Return on cash invested measures 25.75% and rental yield reads 10.49% at the current $374,000. Equity gained on principal adds $2,413/yr, and 5% annual appreciation supports $103,329 by year five. Five-year ROI prints 135.41% and total cumulative return in cash totals $167,881.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,270/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
1.90 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mariana Zuniga • Coldwell Banker Realty Rdg
Mls Name: GSMLS
Mls Provider:
Mls ID: #3968749
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.