68 Bartholdi AveButlerNJ07405
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 Butler at 68 Bartholdi Ave, Butler, NJ, 07405 generates $2,551/mo in rent, after a $6,852/mo payment. Total monthly income is $2,551/mo. Return on cash invested sits at 0.72% in year one, and rental yield is 2.19% on a $1,400,000 entry. Equity gained on principal adds $9,034/yr, while 5% annual appreciation builds toward $386,794 over five years. Five-year ROI reaches 1.1% and total cumulative return in cash sums $5,011. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,551/mo property income rather than buyer’s personal income.
Apartment
Built in 1902
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07405, Butler, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,017 (100%) |
| Owner Occupied HU | 5,399 (76.9%) |
| Renter Occupied HU | 1,364 (19.4%) |
| Vacant Housing Units | 254 ( 3.6%) |
| Median Home Value | $611,884 |
| Average Home Value | $677,545 |
Housing Distribution
Address Breakdown
Residential
6,892
Single Family
6,786
Multi-Family
106
Businesses
617
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shawn Anen • Keller Williams Prosperity Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3907102
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 2024 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.