254 Runnymede 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
Rental property for sale in West Caldwell at 254 Runnymede Rd, West Caldwell, NJ, 07006 generates $5,167/mo in rent and, after a $2,687/mo payment, leaves $1,254/mo in cash flow. Total monthly income is $5,167/mo, and annual cash flow is $15,047/yr on $180,621 invested. Return on cash invested sits at 28.39% in year one, and rental yield is 11.29% on a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 149.53% and total cumulative return in cash sums $270,080. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,167/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.56 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: Amy Owens • Keller Williams - Nj Metro Group
Mls Name: GSMLS
Mls ID: #3986674