6 Mohawk TrlWest MilfordNJ07480
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
Investment property for sale in West Milford at 6 Mohawk Trl, West Milford, NJ, 07480 at $480,000 posts ROI 23.17% with $432/mo cash flow from $3,853/mo rent. Total monthly income equals $3,853/mo, and annual cash flow records $5,184/yr on $159,120 to close. Return on cash invested measures 23.17% and rental yield reads 9.63% at the current $480,000. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,615 by year five. Five-year ROI prints 121.53% and total cumulative return in cash totals $193,373.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,853/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07480, West Milford, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,286 (100%) |
| Owner Occupied HU | 5,345 (85.0%) |
| Renter Occupied HU | 532 ( 8.5%) |
| Vacant Housing Units | 409 ( 6.5%) |
| Median Home Value | $484,989 |
| Average Home Value | $513,997 |
Housing Distribution
Address Breakdown
Residential
6,214
Single Family
5,583
Multi-Family
631
Businesses
289
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Nearby investment properties with comparable prices
Listed by: Michelle Pais • Signature Realty Nj
Mls Name: GSMLS
Mls Provider:
Mls ID: #3991148
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