514 Downer StWestfieldNJ07090
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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 Westfield at 514 Downer St, Westfield, NJ, 07090 at $717,000 posts ROI 12.5% with from $3,624/mo rent. Total monthly income equals $3,624/mo. Return on cash invested measures 12.5% and rental yield reads 6.07% at the current $717,000. Equity gained on principal adds $4,627/yr, and 5% annual appreciation supports $198,094 by year five. Five-year ROI prints 64.32% and total cumulative return in cash totals $151,717. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,624/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 2026
7,405 sqft 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
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Listed by: Don Villane • Weichert Realtors
Mls Name: GSMLS
Mls ID: #4003106