78 Jannarone St Unit B #BBellevilleNJ07109
Nearby investment properties with comparable rents
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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 Belleville at 78 Jannarone St Unit B #B, Belleville, NJ, 07109 priced at $569,900 pairs $2,580/mo rent with after a $2,789/mo payment. Total monthly income equals $2,580/mo. Return on cash invested is 10.58% in year one, and rental yield stands at 5.43% on a $569,900 basis. Equity gained on principal adds $3,677/yr, and 5% annual appreciation accumulates to $157,453 by year five. Five-year ROI measures 54.02% and total cumulative return in cash reaches $101,286. For financing, Ziffy Mortgage’s DSCR program evaluates $2,580/mo property income against a $2,789/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1970
3,977 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: Julian Velasquez • Re/Max Professionals I
Mls Name: GSMLS
Mls ID: #4004906