840 Dorian Rd, Westfield, NJ, 07090 | $780/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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840 Dorian Rd, Westfield, NJ, 07090 | $780/mo Cash Flow | 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

Rental property for sale in Westfield at 840 Dorian Rd, Westfield, NJ, 07090 generates $6,475/mo in rent and, after a $3,911/mo payment, leaves $780/mo in cash flow. Total monthly income is $6,475/mo, and annual cash flow is $9,355/yr on $262,871 invested. Return on cash invested sits at 23.62% in year one, and rental yield is 9.72% on a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 123.95% and total cumulative return in cash sums $325,818. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,475/mo property income rather than buyer’s personal income.

Single Family

Built in 1928

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this charming three bedroom colonial nestled in one of Westfield's most sought-after neighborhoods. This timeless home features beautifully refinished original floors that flow through the living room, dining room and up the stairway, adding warmth and character. The inviting living room offers a classic wood burning fireplace, perfect for cozy evenings, while the adjacent den provides the ideal space for a home office or reading nook. Step outside to enjoy a serene and private patio, a perfect retreat for morning coffee, outdoor dining or quiet relaxation. The clean and dry basement, with a convenient toilet, offers excellent potential for additional living space. Upstairs, you'll find three comfortably sized bedrooms and a full bath. A walk-up attic provides additional storage or more creative living space.The home's traditional layout paired with its classic curb appeal, creates a wonderful opportunity to enjoy all that Westfield living has to offer. With close proximity to top-rated schools, parks, downtown shopping, dining and NYC transportation, this home blends character comfort and convenience.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07090, Westfield, NJ area.

Housing Distribution

Housing Statistics

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