20 Toronto CtMaplewoodNJ07040
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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 Maplewood at 20 Toronto Ct, Maplewood, NJ, 07040 offers a 5.47% rental yield on a $919,000 purchase with $4,186/mo rent. 68% in year one. Equity gained on principal adds $5,930/yr while 5% annual appreciation supports $253,903 over five years. Portfolio math shows five-year ROI at 54.54% and total cumulative return in cash at $164,905. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,186/mo property income against a $4,498/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1962
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07040, Maplewood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,229 (100%) |
| Owner Occupied HU | 6,759 (73.2%) |
| Renter Occupied HU | 2,142 (23.2%) |
| Vacant Housing Units | 328 ( 3.6%) |
| Median Home Value | $744,270 |
| Average Home Value | $787,208 |
Housing Distribution
Address Breakdown
Residential
9,038
Single Family
7,357
Multi-Family
1,681
Businesses
879
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Listed by: Jason Brown • Identity Properties
Mls Name: GSMLS
Mls ID: #4004564