4 Herbert PlWest 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
Investment property for sale in West Caldwell at 4 Herbert Pl, West Caldwell, NJ, 07006 at $729,999 posts ROI 19.11% with from $5,014/mo rent. Total monthly income equals $5,014/mo. Return on cash invested measures 19.11% and rental yield reads 8.24% at the current $729,999. Equity gained on principal adds $4,711/yr, and 5% annual appreciation supports $201,685 by year five. Five-year ROI prints 99.79% and total cumulative return in cash totals $239,654. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,014/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1959
10,018 sqft 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: Jansy Nikole Serrano • Weichert Realtors
Mls Name: GSMLS
Mls ID: #4007222