46 Sandra Circle BLDG 46 #BWestfieldNJ07090
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Westfield at 46 Sandra Circle BLDG 46 #B, Westfield, NJ, 07090 generates $2,061/mo in rent, after a $1,419/mo payment. Total monthly income is $2,061/mo. Return on cash invested sits at 19.84% in year one, and rental yield is 8.53% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 103.72% and total cumulative return in cash sums $99,681. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,061/mo property income rather than buyer’s personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07090, Westfield, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,991 (100%) |
| Owner Occupied HU | 8,618 (78.4%) |
| Renter Occupied HU | 1,912 (17.4%) |
| Vacant Housing Units | 461 ( 4.2%) |
| Median Home Value | $930,018 |
| Average Home Value | $1,034,058 |
Housing Distribution
Address Breakdown
Residential
11,017
Single Family
10,057
Multi-Family
960
Businesses
823
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Rembish • Reo Premier Properties
Mls Name: GSMLS
Mls ID: #4003058