12 Westervelt AveTenaflyNJ07670
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Tenafly at 12 Westervelt Ave, Tenafly, NJ, 07670 priced at $1,745,000 pairs $13,860/mo rent with $1,422/mo cash flow after a $8,541/mo payment. Total monthly income equals $13,860/mo, and annual cash flow comes to $17,062/yr on $565,380 invested. Return on cash invested is 23.39% in year one, and rental yield stands at 9.53% on a $1,745,000 basis. Equity gained on principal adds $11,260/yr, and 5% annual appreciation accumulates to $482,111 by year five. Five-year ROI measures 122.66% and total cumulative return in cash reaches $693,467. For financing, Ziffy Mortgage’s DSCR program evaluates $13,860/mo property income against a $8,541/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07670, Tenafly, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,148 (100%) |
| Owner Occupied HU | 3,825 (74.3%) |
| Renter Occupied HU | 1,083 (21.0%) |
| Vacant Housing Units | 240 ( 4.7%) |
| Median Home Value | $981,899 |
| Average Home Value | $1,176,120 |
Housing Distribution
Address Breakdown
Residential
5,072
Single Family
5,004
Multi-Family
68
Businesses
547
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Orna Jackson • Prominent Properties Sotheby's International Realty-Tenafly
Mls Name: NJMLS
Mls ID: #25032550