80 E Grove StBogotaNJ07603
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 Bogota at 80 E Grove St, Bogota, NJ, 07603 priced at $459,900 pairs $4,512/mo rent with $1,234/mo cash flow after a $2,251/mo payment. Total monthly income equals $4,512/mo, and annual cash flow comes to $14,807/yr on $152,457 invested. Return on cash invested is 29.62% in year one, and rental yield stands at 11.77% on a $459,900 basis. Equity gained on principal adds $2,968/yr, and 5% annual appreciation accumulates to $127,062 by year five. Five-year ROI measures 156.15% and total cumulative return in cash reaches $238,062. For financing, Ziffy Mortgage’s DSCR program evaluates $4,512/mo property income against a $2,251/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
4,949 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07603, Bogota, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,336 (100%) |
| Owner Occupied HU | 1,843 (55.2%) |
| Renter Occupied HU | 1,387 (41.6%) |
| Vacant Housing Units | 106 ( 3.2%) |
| Median Home Value | $483,791 |
| Average Home Value | $492,416 |
Housing Distribution
Address Breakdown
Residential
3,217
Single Family
2,652
Multi-Family
565
Businesses
232
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: PEDRO E RODRIGUEZ • ACCESS HOMES REALTY
Mls Name: HCMLS
Mls ID: #250017230