16 Glenwood WayWest CaldwellNJ07006
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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 West Caldwell at 16 Glenwood Way, West Caldwell, NJ, 07006 with 5% annual appreciation on a $929,000 basis while $6,005/mo rent supports operations. 64% in year one. Equity gained on principal adds $5,995/yr, and five-year appreciation sums $256,666 alongside rental yield of 7.76%. Five-year ROI measures 91.88% and total cumulative return in cash totals $280,832. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,005/mo property income versus a $4,547/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1968
0.35 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: Jacqueline Emma • Keller Williams - Nj Metro Group
Mls Name: GSMLS
Mls ID: #3989550