610 Roosevelt BlvdClaytonNJ08312
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
Rental property for sale in Clayton at 610 Roosevelt Blvd, Clayton, NJ, 08312 priced at $300,000 converts $2,003/mo rent into after a $1,468/mo obligation. Total monthly income equals $2,003/mo. Return on cash invested prints 18.28% in year one, and rental yield reads 8.01% against a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 95.32% and total cumulative return in cash sums $94,800. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,003/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1984
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08312, Clayton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,335 (100%) |
| Owner Occupied HU | 2,385 (71.5%) |
| Renter Occupied HU | 771 (23.1%) |
| Vacant Housing Units | 179 ( 5.4%) |
| Median Home Value | $284,907 |
| Average Home Value | $297,345 |
Housing Distribution
Address Breakdown
Residential
3,195
Single Family
3,055
Multi-Family
140
Businesses
167
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mrs. Lydia Perez-Johnson • EXIT Realty Defined
Mls Name: Bright MLS
Mls ID: #NJGL2060138