164 Greene AveTotowaNJ07512
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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 164 Greene Ave, Totowa, NJ, 07512 with 5% annual appreciation on a $689,500 basis while $3,600/mo rent supports operations. 1% in year one. Equity gained on principal adds $4,449/yr, and five-year appreciation sums $190,496 alongside rental yield of 6.27%. Five-year ROI measures 67.57% and total cumulative return in cash totals $153,283. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,600/mo property income versus a $3,375/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1953
8,712 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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Listed by: Gregory S. La Rose • A.J. Cali Real Estate
Mls Name: GSMLS
Mls ID: #3988083