








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Parsippany at 14 Willow Ln, Parsippany, NJ, 07054 generates $3,290/mo in rent, after a $6,020/mo payment. Total monthly income is $3,290/mo. Return on cash invested sits at 3.88% in year one, and rental yield is 3.21% on a $1,230,000 entry. Equity gained on principal adds $7,937/yr, while 5% annual appreciation builds toward $339,826 over five years. Five-year ROI reaches 18.03% and total cumulative return in cash sums $71,854. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,290/mo property income rather than buyer’s personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07054, Parsippany, NJ area.
| 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 |
Residential
11,833
Single Family
10,792
Multi-Family
1,041
Businesses
1,934
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jacqueline Scura • Compass Of New Jersey
Mls Name: GSMLS
Mls ID: #3992927