








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Bloomfield at 64 Berkeley Ave, Bloomfield, NJ, 07003 offers $4,560/mo rent that, after a $2,442/mo payment, leaves $1,004/mo cash flow. Total monthly income is $4,560/mo, and annual cash flow is $12,043/yr on $165,419 cash. Return on cash invested measures 27.19% in year one, and rental yield stands at 10.97% at a $499,000 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,865 by year five. Five-year ROI records 143.12% and total cumulative return in cash reaches $236,754. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,560/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07003, Bloomfield, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,968 (100%) |
| Owner Occupied HU | 10,598 (46.1%) |
| Renter Occupied HU | 11,569 (50.4%) |
| Vacant Housing Units | 801 ( 3.5%) |
| Median Home Value | $487,407 |
| Average Home Value | $534,557 |
Residential
20,440
Single Family
14,128
Multi-Family
6,312
Businesses
1,460
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Robert Johnson • EXP Realty, LLC
Mls Name: NJMLS
Mls ID: #25033617