15 Overlook RdCaldwellNJ07006
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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
Investment property for sale in Caldwell at 15 Overlook Rd, Caldwell, NJ, 07006 earns from $5,669/mo rent with a $4,870/mo payment. Total monthly income totals $5,669/mo. ROI tracks 14.84% on current figures, and rental yield reads 6.84% at a $995,000 purchase. Equity gained on principal adds $6,421/yr, and 5% annual appreciation supports $274,900 over five years. Five-year ROI reaches 76.88% and total cumulative return in cash sums $251,658. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,669/mo property income instead of your personal income.
Single Family
Built in 1924
0.51 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: Anne Marie Richards • Weichert Realtors
Mls Name: GSMLS
Mls ID: #4005302