71 Westland Rd, Cedar Grove, NJ, 07009 | 7.98% Rental Yield

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71 Westland Rd, Cedar Grove, NJ, 07009 | 7.98% Rental Yield | Ziffy

For Sale

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

Investment property for sale in Cedar Grove at 71 Westland Rd, Cedar Grove, NJ, 07009 with 5% annual appreciation on a $729,000 basis while $4,846/mo rent supports operations. 31% in year one. Equity gained on principal adds $4,704/yr, and five-year appreciation sums $201,409 alongside rental yield of 7.98%. Five-year ROI measures 95.46% and total cumulative return in cash totals $228,960. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,846/mo property income versus a $3,568/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1955

9,583 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this beautifully maintained 4-bedroom, 2-bath corner home, which sits on a generously sized lot perfect for outdoor enjoyment. Step into a spacious living and dining room with convenient side-door yard access, flowing into a sun room/den. The eat-in kitchen opens to a relaxing deck with sliding glass doors, great for entertaining, as well as additional access to the large backyard. The second floor features three large bedrooms, including a potential in-law suite with a sitting room, bedroom, and full bath. The ground level boasts a large fourth bedroom, cozy family room, and laundry area. Enjoy the convenience of an attached garage with interior access and a two-car wide driveway that fits up to four additional cars.A wonderful opportunity to add your personal touches!/

Neighborhood Data

Neighborhood data shown for ZIP Code: 07009, Cedar Grove, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,456 (100%)
Owner Occupied HU	4,232 (77.6%)
Renter Occupied HU	906 (16.6%)
Vacant Housing Units	318 ( 5.8%)
Median Home Value	$649,113
Average Home Value	$719,298