26 Concord Rd #H, West Milford, NJ, 07480 | $477/mo Cash Flow

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26 Concord Rd #H, West Milford, NJ, 07480 | $477/mo Cash Flow | Ziffy

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

Investment property for sale in West Milford at 26 Concord Rd #H, West Milford, NJ, 07480 uses $153,153 cash to close to unlock $5,726/yr annual cash flow and $477/mo monthly cash flow. Total monthly income runs $3,770/mo, and a $2,261/mo payment keeps the spread at $477/mo. Purchase price stands at $462,000, and rental yield measures 9.79% with $3,770/mo rent. Return on cash invested shows 23.65% in year one, and 5% annual appreciation builds toward $127,642 over five years. Five-year ROI reaches 124.15% and total cumulative return in cash records $190,133. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,770/mo property income covering a $2,261/mo payment rather than investor’s personal income.

Townhouse

Built in 1987

871.20 sqft lot

$N/A/sqft

No HOA

More details about the property

This Beautiful Alden Model End Unit Townhome is a MUST SEE. This is the largest 3 bedroom layout in the complex. This spacious 3-bedroom, 2.5-bath end unit has a bright and inviting design. Enter the unit off deck into a large foyer, with access to the 2 car garage. As you enter the main area you will be welcomed by Brazilian Walnut hardwood floors and a powder room. This main level also offers the kitchen with an oversized island with storage, new appliances & opens into the dining room. The dining room overlooks a large living room perfect for entertaining highlighted by cathedral ceilings, new skylights, a wood burning fireplace, and sliders leading to a large extended private patio. Perfect for indoor-outdoor living for 3 seasons. An office is located just off the living room, separated by french doors for additional privacy while working from home. A large laundry/utility room and storage closet finish off this floor. The upper floor gives you 3 large bedrooms all filled with natural light and large closets. There is a main hall bath recently renovated servicing the 2 bedrooms and a large master bedroom with an ensuite bath and two spacious closets. Storage is abundant in this unit with a very large attic and closets throughout. Additional Features: New roof & skylights (1 year) , HVAC (2 years), Washer & Dryer (4 years), double wide driveway for 6 Cars & 2 Car Garage. This development is close to town and all major throughfares.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07480, West Milford, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,286 (100%)
Owner Occupied HU	5,345 (85.0%)
Renter Occupied HU	532 ( 8.5%)
Vacant Housing Units	409 ( 6.5%)
Median Home Value	$484,989
Average Home Value	$513,997