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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in West Milford at 32 E Park Dr, West Milford, NJ, 07480 offers $3,540/mo rent that, after a $2,080/mo payment, leaves $511/mo cash flow. Total monthly income is $3,540/mo, and annual cash flow is $6,130/yr on $140,888 cash. Return on cash invested measures 24.26% in year one, and rental yield stands at 10% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 127.4% and total cumulative return in cash reaches $179,489. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,540/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07480, West Milford, NJ area.
| 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 |
Residential
6,214
Single Family
5,583
Multi-Family
631
Businesses
289
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jason Brinker • Re/Max Country Realty
Mls Name: GSMLS
Mls ID: #4001725
