35 Vine AveWest MilfordNJ07480
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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 Milford at 35 Vine Ave, West Milford, NJ, 07480 priced at $449,888 pairs $2,760/mo rent with after a $2,202/mo payment. Total monthly income equals $2,760/mo. Return on cash invested is 16.31% in year one, and rental yield stands at 7.36% on a $449,888 basis. Equity gained on principal adds $2,903/yr, and 5% annual appreciation accumulates to $124,296 by year five. Five-year ROI measures 84.82% and total cumulative return in cash reaches $126,499. For financing, Ziffy Mortgage’s DSCR program evaluates $2,760/mo property income against a $2,202/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
0.46 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
6,214
Single Family
5,583
Multi-Family
631
Businesses
289
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Listed by: Peter Kontrafouris • Exp Realty, Llc
Mls Name: GSMLS
Mls ID: #3988310