11 Bushwick LnWest MilfordNJ07480
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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 Milford at 11 Bushwick Ln, West Milford, NJ, 07480 offers $4,078/mo rent that, after a $2,594/mo payment, leaves $300/mo cash flow. Total monthly income is $4,078/mo, and annual cash flow is $3,604/yr on $174,370 cash. Return on cash invested measures 22.13% in year one, and rental yield stands at 9.23% at a $530,000 entry. Equity gained on principal adds $3,420/yr while 5% annual appreciation compounds into $146,429 by year five. Five-year ROI records 115.96% and total cumulative return in cash reaches $202,195. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,078/mo property income versus a $2,594/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07480, West Milford, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,286 (100%) |
| Owner Occupied HU | 5,345 (85.0%) |
| Renter Occupied HU | 532 ( 8.5%) |
| Vacant Housing Units | 409 ( 6.5%) |
| Median Home Value | $484,989 |
| Average Home Value | $513,997 |
Housing Distribution
Address Breakdown
Residential
6,214
Single Family
5,583
Multi-Family
631
Businesses
289
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Listed by: Lisa D. Howanice • Weichert Realtors
Mls Name: GSMLS
Mls ID: #4004473