








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in West Caldwell at 104 Ravine Ave, West Caldwell, NJ, 07006 offers $4,261/mo rent that, after a $3,424/mo payment. Total monthly income is $4,261/mo. Return on cash invested measures 16.28% in year one, and rental yield stands at 7.31% at a $699,528 entry. Equity gained on principal adds $4,514/yr while 5% annual appreciation compounds into $193,267 by year five. Five-year ROI records 84.58% and total cumulative return in cash reaches $194,651. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,261/mo property income versus a $3,424/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1937
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07006, Caldwell, NJ area.
| 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 |
Residential
10,103
Single Family
8,805
Multi-Family
1,298
Businesses
870
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Steven Gendel • Keller Williams Suburban Realty
Mls Name: GSMLS
Mls ID: #3984803