14 Carr PlTotowaNJ07512
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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 Totowa at 14 Carr Pl, Totowa, NJ, 07512 at $749,000 posts ROI 7.5% with from $2,760/mo rent. Total monthly income equals $2,760/mo. Return on cash invested measures 7.5% and rental yield reads 4.42% at the current $749,000. Equity gained on principal adds $4,833/yr, and 5% annual appreciation supports $206,935 by year five. Five-year ROI prints 37.53% and total cumulative return in cash totals $92,488. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,760/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1971
6,969 sqft 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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Nearby investment properties with comparable prices
Listed by: Eugene Lowe • Howard Hanna Rand Realty
Mls Name: GSMLS
Mls ID: #4007064