108 Hamilton TrlTotowaNJ07512
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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
Rental property for sale in Totowa at 108 Hamilton Trl, Totowa, NJ, 07512 priced at $1,475,000 converts $4,929/mo rent into after a $7,219/mo obligation. Total monthly income equals $4,929/mo. Return on cash invested prints 6.35% in year one, and rental yield reads 4.01% against a $1,475,000 entry. Equity gained on principal adds $9,518/yr, while 5% annual appreciation compiles into $407,515 by year five. Five-year ROI reaches 31.28% and total cumulative return in cash sums $149,494. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,929/mo property income covering a $7,219/mo payment, not borrower’s personal income.
Single Family
Built in 2005
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07512, Totowa, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,141 (100%) |
| Owner Occupied HU | 3,269 (78.9%) |
| Renter Occupied HU | 739 (17.8%) |
| Vacant Housing Units | 133 ( 3.2%) |
| Median Home Value | $559,416 |
| Average Home Value | $576,190 |
Housing Distribution
Address Breakdown
Residential
3,994
Single Family
3,928
Multi-Family
66
Businesses
661
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Listed by: Celine Texier-rose • Prominent Properties Sir
Mls Name: GSMLS
Mls ID: #4006546