100 Forest AveWest CaldwellNJ07006
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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 West Caldwell at 100 Forest Ave, West Caldwell, NJ, 07006 offers $5,358/mo rent that, after a $3,915/mo payment. Total monthly income is $5,358/mo. Return on cash invested measures 18.49% in year one, and rental yield stands at 8.04% at a $799,900 entry. Equity gained on principal adds $5,162/yr while 5% annual appreciation compounds into $220,998 by year five. Five-year ROI records 96.47% and total cumulative return in cash reaches $253,872. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,358/mo property income versus a $3,915/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1944
0.26 Acres lot
$N/A/sqft
No 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: Jeffrey Lattimer Jr. • Lattimer Realty
Mls Name: GSMLS
Mls ID: #3987865