23 Lindy Pl, Old Tappan, NJ, 07675 | 7.52% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $4,500/mo, and a $3,514/mo payment. Purchase price stands at $718,000, and rental yield measures 7.52% with $4,500/mo rent. Return on cash invested shows 16.92% in year one, and 5% annual appreciation builds toward $198,370 over five years. Five-year ROI reaches 88.05% and total cumulative return in cash records $207,987. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,500/mo property income covering a $3,514/mo payment rather than investor’s personal income.

Single Family

Built in N/A

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 07675, Westwood, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,691 (100%)
Owner Occupied HU	8,019 (75.0%)
Renter Occupied HU	2,278 (21.3%)
Vacant Housing Units	394 ( 3.7%)
Median Home Value	$726,071
Average Home Value	$800,220