196 Mountain AveNorth 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 North Caldwell at 196 Mountain Ave, North Caldwell, NJ, 07006 offers a 9.01% rental yield on a $875,000 purchase with $6,572/mo rent. Total monthly income registers $6,572/mo, and a $4,283/mo payment leaves $335/mo available for distribution. Annual cash flow reaches $4,018/yr on $287,875 to close, and return on cash invested stands at 21.46% in year one. Equity gained on principal adds $5,646/yr while 5% annual appreciation supports $241,746 over five years. Portfolio math shows five-year ROI at 112.34% and total cumulative return in cash at $323,399. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,572/mo property income against a $4,283/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.36 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: Yesenia Alcivar • Signature Realty Nj
Mls Name: GSMLS
Mls ID: #3989059