7 3rd Ave, Garwood, NJ, 07027 | 7.42% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Garwood at 7 3rd Ave, Garwood, NJ, 07027 offers $4,325/mo rent that, after a $3,426/mo payment. Total monthly income is $4,325/mo. Return on cash invested measures 16.6% in year one, and rental yield stands at 7.42% at a $699,900 entry. Equity gained on principal adds $4,516/yr while 5% annual appreciation compounds into $193,369 by year five. Five-year ROI records 86.29% and total cumulative return in cash reaches $198,704. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,325/mo property income versus a $3,426/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1919

6,534 sqft lot

$N/A/sqft

No HOA