550 Fairview Ave APT 203WestwoodNJ07675
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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 Westwood at 550 Fairview Ave APT 203, Westwood, NJ, 07675 listed at $350,000 pairs $3,010/mo rent with a $1,713/mo payment to leave $515/mo cash flow. Total monthly income runs $3,010/mo, and annual cash flow reaches $6,184/yr on $116,025 cash to close. Return on cash invested measures 25.24% in year one, and rental yield registers 10.32% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 132.67% and total cumulative return in cash totals $153,926. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,010/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07675, Westwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,691 (100%) |
| Owner Occupied HU | 8,019 (75.0%) |
| Renter Occupied HU | 2,278 (21.3%) |
| Vacant Housing Units | 394 ( 3.7%) |
| Median Home Value | $726,071 |
| Average Home Value | $800,220 |
Housing Distribution
Address Breakdown
Residential
10,611
Single Family
9,663
Multi-Family
948
Businesses
936
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Listed by: Kathleen Lustig • Terrie O'Connor Realtors-Saddle River
Mls Name: NJMLS
Mls ID: #25030358