180 Wildwood AveMontclairNJ07043
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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 Montclair at 180 Wildwood Ave, Montclair, NJ, 07043 with 5% annual appreciation on a $1,079,000 basis while $4,028/mo rent supports operations. 8% in year one. Equity gained on principal adds $6,963/yr, and five-year appreciation sums $298,108 alongside rental yield of 4.48%. Five-year ROI measures 39.06% and total cumulative return in cash totals $136,562. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,028/mo property income versus a $5,281/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1921
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07043, Montclair, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,324 (100%) |
| Owner Occupied HU | 3,623 (83.8%) |
| Renter Occupied HU | 619 (14.3%) |
| Vacant Housing Units | 82 ( 1.9%) |
| Median Home Value | $950,083 |
| Average Home Value | $1,087,204 |
Housing Distribution
Address Breakdown
Residential
4,340
Single Family
4,027
Multi-Family
313
Businesses
488
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Listed by: Deborah Drucker Dillingham • Keller Williams - Nj Metro Group
Mls Name: GSMLS
Mls ID: #3993602