12 Carlson PlLake HiawathaNJ07034
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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
Investment property for sale in Lake Hiawatha at 12 Carlson Pl, Lake Hiawatha, NJ, 07034 offers a 7.68% rental yield on a $450,000 purchase with $2,880/mo rent. 27% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 89.91% and total cumulative return in cash at $134,130. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,880/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07034, Lake Hiawatha, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,016 (100%) |
| Owner Occupied HU | 2,222 (55.3%) |
| Renter Occupied HU | 1,677 (41.8%) |
| Vacant Housing Units | 117 ( 2.9%) |
| Median Home Value | $460,301 |
| Average Home Value | $491,363 |
Housing Distribution
Address Breakdown
Residential
3,719
Single Family
3,709
Multi-Family
10
Businesses
189
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Listed by: Amanda Smith • United Real Estate
Mls Name: GSMLS
Mls ID: #4005274