75 Mount Prospect AveBellevilleNJ07109
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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
Total monthly income runs $4,168/mo, and a $4,282/mo payment. Purchase price stands at $874,888, and rental yield measures 5.72% with $4,168/mo rent. Return on cash invested shows 11.44% in year one, and 5% annual appreciation builds toward $241,715 over five years. Five-year ROI reaches 58.64% and total cumulative return in cash records $168,791. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,168/mo property income covering a $4,282/mo payment rather than investor’s personal income.
Multi Family
Built in 1917
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07109, Belleville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,919 (100%) |
| Owner Occupied HU | 7,493 (50.2%) |
| Renter Occupied HU | 6,796 (45.6%) |
| Vacant Housing Units | 630 ( 4.2%) |
| Median Home Value | $443,402 |
| Average Home Value | $487,879 |
Housing Distribution
Address Breakdown
Residential
13,696
Single Family
11,188
Multi-Family
2,508
Businesses
887
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Listed by: Michelle E. Cadena • Real
Mls Name: GSMLS
Mls ID: #3993434