68 Johnson DrBelle MeadNJ08502
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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 Belle Mead at 68 Johnson Dr, Belle Mead, NJ, 08502 offers $3,699/mo rent that, after a $2,936/mo payment. Total monthly income is $3,699/mo. Return on cash invested measures 16.55% in year one, and rental yield stands at 7.4% at a $599,900 entry. Equity gained on principal adds $3,871/yr while 5% annual appreciation compounds into $165,741 by year five. Five-year ROI records 86.07% and total cumulative return in cash reaches $169,864. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,699/mo property income versus a $2,936/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08502, Belle Mead, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,917 (100%) |
| Owner Occupied HU | 2,931 (74.8%) |
| Renter Occupied HU | 894 (22.8%) |
| Vacant Housing Units | 92 ( 2.3%) |
| Median Home Value | $790,470 |
| Average Home Value | $809,893 |
Housing Distribution
Address Breakdown
Residential
4,021
Single Family
3,907
Multi-Family
114
Businesses
153
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Listed by: MATTHEW ZAVATSKY • KELLER WILLIAMS TOWNE SQUARE
Mls Name: All Jersey MLS
Mls ID: #2606067R