522 BoulevardWestfieldNJ07090
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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 Westfield at 522 Boulevard, Westfield, NJ, 07090 generates $6,191/mo in rent, after a $9,299/mo payment. Total monthly income is $6,191/mo. Return on cash invested sits at 6.04% in year one, and rental yield is 3.91% on a $1,899,900 entry. Equity gained on principal adds $12,260/yr, while 5% annual appreciation builds toward $524,907 over five years. Five-year ROI reaches 29.62% and total cumulative return in cash sums $182,360. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,191/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.33 Acres 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: Scott Kessler • C-21 Charles Smith Agency
Mls Name: GSMLS
Mls ID: #3995705