120 Carl PlWestwoodNJ07675
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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 Westwood at 120 Carl Pl, Westwood, NJ, 07675 generates $6,300/mo in rent and, after a $3,030/mo payment, leaves $1,888/mo in cash flow. Total monthly income is $6,300/mo, and annual cash flow is $22,651/yr on $203,651 invested. Return on cash invested sits at 31.18% in year one, and rental yield is 12.21% on a $619,000 entry. Equity gained on principal adds $3,994/yr, while 5% annual appreciation builds toward $171,018 over five years. Five-year ROI reaches 164.51% and total cumulative return in cash sums $335,017. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,300/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07675, Westwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,691 (100%) |
| Owner Occupied HU | 8,019 (75.0%) |
| Renter Occupied HU | 2,278 (21.3%) |
| Vacant Housing Units | 394 ( 3.7%) |
| Median Home Value | $726,071 |
| Average Home Value | $800,220 |
Housing Distribution
Address Breakdown
Residential
10,611
Single Family
9,663
Multi-Family
948
Businesses
936
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Listed by: Jillian Laga • Keller Williams Valley Realty
Mls Name: NJMLS
Mls ID: #25035969