1105 Littleton RdParsippanyNJ07054
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Parsippany at 1105 Littleton Rd, Parsippany, NJ, 07054 at $545,500 posts ROI 26.12% with $907/mo cash flow from $4,795/mo rent. Total monthly income equals $4,795/mo, and annual cash flow records $10,881/yr on $179,470 to close. Return on cash invested measures 26.12% and rental yield reads 10.55% at the current $545,500. Equity gained on principal adds $3,520/yr, and 5% annual appreciation supports $150,712 by year five. Five-year ROI prints 137.37% and total cumulative return in cash totals $246,541.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,795/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07054, Parsippany, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,825 (100%) |
| Owner Occupied HU | 6,548 (51.1%) |
| Renter Occupied HU | 5,656 (44.1%) |
| Vacant Housing Units | 621 ( 4.8%) |
| Median Home Value | $599,652 |
| Average Home Value | $608,694 |
Housing Distribution
Address Breakdown
Residential
11,833
Single Family
10,792
Multi-Family
1,041
Businesses
1,934
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Listed by: Roshaniben Ratanpara • H P Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3943979
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