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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Westfield at 58 Sandra Circle UNIT A1, Westfield, NJ, 07090 uses $74,588 cash to close to unlock $3,342/yr annual cash flow and $279/mo monthly cash flow. Total monthly income runs $2,960/mo, and a $1,101/mo payment keeps the spread at $279/mo. Purchase price stands at $225,000, and rental yield measures 15.79% with $2,960/mo rent. Return on cash invested shows 24.39% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 134.43% and total cumulative return in cash records $100,269. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,960/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Condo
Built in 1968
0.44 Acres lot
$N/A/sqft
$1,078 monthly HOA
Neighborhood data shown for ZIP Code: 07090, Westfield, NJ area.
| 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 |
Residential
11,017
Single Family
10,057
Multi-Family
960
Businesses
823
Date | Event | Price |
|---|---|---|
| 2024-10-12 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ellen M. Murphy • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3929073
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
