18 Martin RdWest 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 18 Martin Rd, West Caldwell, NJ, 07006 offers a 7% rental yield on a $999,000 purchase with $5,828/mo rent. 34% in year one. Equity gained on principal adds $6,446/yr while 5% annual appreciation supports $276,005 over five years. Portfolio math shows five-year ROI at 79.54% and total cumulative return in cash at $261,422. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,828/mo property income against a $4,890/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
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: N/A • N/A
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