93 Walnut StBloomfieldNJ07003
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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
Investment property for sale in Bloomfield at 93 Walnut St, Bloomfield, NJ, 07003 at $599,777 posts ROI 8.59% with from $2,389/mo rent. Total monthly income equals $2,389/mo. Return on cash invested measures 8.59% and rental yield reads 4.78% at the current $599,777. Equity gained on principal adds $3,870/yr, and 5% annual appreciation supports $165,707 by year five. Five-year ROI prints 43.35% and total cumulative return in cash totals $85,538. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,389/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in N/A
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07003, Bloomfield, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,968 (100%) |
| Owner Occupied HU | 10,598 (46.1%) |
| Renter Occupied HU | 11,569 (50.4%) |
| Vacant Housing Units | 801 ( 3.5%) |
| Median Home Value | $487,407 |
| Average Home Value | $534,557 |
Housing Distribution
Address Breakdown
Residential
20,440
Single Family
14,128
Multi-Family
6,312
Businesses
1,460
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Listed by: Rami Chalet • Luis Sanchez Realty Llc
Mls Name: GSMLS
Mls Provider:
Mls ID: #3921926
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