1 Oak Grove Rd #2BCaldwellNJ07006
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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 Caldwell at 1 Oak Grove Rd #2B, Caldwell, NJ, 07006 at $329,990 posts ROI 24.65% with $432/mo cash flow from $3,190/mo rent. Total monthly income equals $3,190/mo, and annual cash flow records $5,184/yr on $109,392 to close. Return on cash invested measures 24.65% and rental yield reads 11.6% at the current $329,990. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,170 by year five. Five-year ROI prints 131.15% and total cumulative return in cash totals $143,467.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,190/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1968
999,999 Acres lot
$N/A/sqft
$406 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07006, Caldwell, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,270 (100%) |
| Owner Occupied HU | 7,543 (73.4%) |
| Renter Occupied HU | 2,341 (22.8%) |
| Vacant Housing Units | 386 ( 3.8%) |
| Median Home Value | $716,642 |
| Average Home Value | $793,495 |
Housing Distribution
Address Breakdown
Residential
10,103
Single Family
8,805
Multi-Family
1,298
Businesses
870
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Listed by: Christine Nagy • Coccia Real Estate Group, Llc.
Mls Name: GSMLS
Mls Provider:
Mls ID: #3965543
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