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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Westfield at 711 E Broad St, Westfield, NJ, 07090 offers $5,646/mo rent that, after a $5,869/mo payment. Total monthly income is $5,646/mo. Return on cash invested measures 11.41% in year one, and rental yield stands at 5.65% at a $1,199,000 entry. Equity gained on principal adds $7,737/yr while 5% annual appreciation compounds into $331,262 by year five. Five-year ROI records 58.43% and total cumulative return in cash reaches $227,001. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,646/mo property income versus a $5,869/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07090, Westfield, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,991 (100%) |
| Owner Occupied HU | 8,618 (78.4%) |
| Renter Occupied HU | 1,912 (17.4%) |
| Vacant Housing Units | 461 ( 4.2%) |
| Median Home Value | $930,018 |
| Average Home Value | $1,034,058 |
Residential
11,017
Single Family
10,057
Multi-Family
960
Businesses
823
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Patricia A Plante • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3976188
