60 County Road UNIT J63CliffwoodNJ07721
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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 UNIT J63, Cliffwood, NJ, 07721 uses $114,334 cash to close to unlock $6,621/yr annual cash flow and $552/mo monthly cash flow. Total monthly income runs $3,360/mo, and a $1,688/mo payment keeps the spread at $552/mo. Purchase price stands at $344,900, and rental yield measures 11.69% with $3,360/mo rent. Return on cash invested shows 25.7% in year one, and 5% annual appreciation builds toward $95,290 over five years. Five-year ROI reaches 136.46% and total cumulative return in cash records $156,021. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,360/mo property income covering a $1,688/mo payment rather than investor’s personal income.
Townhouse
Built in 1987
1 Acres lot
$N/A/sqft
$350 monthly 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: Ronald Madeira • C21/ Charles Smith Agency
Mls Name: MOMLS
Mls Provider:
Mls ID: #22503517
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.