60 County Road #D22CliffwoodNJ07721
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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 Cliffwood at 60 County Road #D22, Cliffwood, NJ, 07721 listed at $415,000 pairs $3,220/mo rent with a $2,031/mo payment to leave $262/mo cash flow. Total monthly income runs $3,220/mo, and annual cash flow reaches $3,146/yr on $137,573 cash to close. Return on cash invested measures 22.2% in year one, and rental yield registers 9.31% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 116.36% and total cumulative return in cash totals $160,077. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,220/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1987
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07721, Cliffwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,630 (100%) |
| Owner Occupied HU | 873 (53.6%) |
| Renter Occupied HU | 706 (43.3%) |
| Vacant Housing Units | 51 ( 3.1%) |
| Median Home Value | $440,317 |
| Average Home Value | $547,815 |
Housing Distribution
Address Breakdown
Residential
1,484
Single Family
1,484
Multi-Family
0
Businesses
98
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Listed by: Roslyn Sibilia • ERA Central Realty Group
Mls Name: MoreMLS
Mls ID: #22602235