636 Main StreetBelfordNJ07718
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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 636 Main Street, Belford, NJ, 07718 priced at $457,000 converts $3,822/mo rent into $564/mo cash flow after a $2,237/mo obligation. Total monthly income equals $3,822/mo, and annual cash flow totals $6,772/yr on $151,496 invested. Return on cash invested prints 24.38% in year one, and rental yield reads 10.04% against a $457,000 entry. Equity gained on principal adds $2,949/yr, while 5% annual appreciation compiles into $126,261 by year five. Five-year ROI reaches 128.06% and total cumulative return in cash sums $194,011. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,822/mo property income covering a $2,237/mo payment, not borrower’s personal income.
Single Family
Built in 2016
N/A 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: Winifred Supple • NextHome Force Realty Partners
Mls Name: MOMLS
Mls Provider:
Mls ID: #22500720
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