








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 65 Grove St, Bloomfield, NJ, 07003 priced at $939,000 converts $5,280/mo rent into after a $4,596/mo obligation. Total monthly income equals $5,280/mo. Return on cash invested prints 14.57% in year one, and rental yield reads 6.75% against a $939,000 entry. Equity gained on principal adds $6,059/yr, while 5% annual appreciation compiles into $259,428 by year five. Five-year ROI reaches 75.42% and total cumulative return in cash sums $232,996. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,280/mo property income covering a $4,596/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
3,484 sqft 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: Ismail Saleh • Exp Realty, Llc
Mls Name: GSMLS
Mls ID: #4001870