20 Washington St APT 1BClarkNJ07066
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 20 Washington St APT 1B, Clark, NJ, 07066 in Clark speaks for itself: 12.06% gross on a $269,000 price, generating $2,704/mo in rent and $786/mo in net income after the $1,210/mo debt service. DSCR 2.23, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,435 stacks alongside $74,320 in projected five-year appreciation and $2,478/yr in principal reduction. Projected total cumulative return: $153,745.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.1% | 6.2% |
| Monthly Cash Flow | $786 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,704 |
| Total Monthly Debt Service | $1,810 |
| DSCR Ratio | 1.49x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1960
958 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07066, Clark, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,032 (100%) |
| Owner Occupied HU | 4,502 (74.6%) |
| Renter Occupied HU | 1,323 (21.9%) |
| Vacant Housing Units | 207 ( 3.4%) |
| Median Home Value | $619,297 |
| Average Home Value | $666,137 |
Housing Distribution
Address Breakdown
Residential
6,313
Single Family
5,740
Multi-Family
573
Businesses
592
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1960
958 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07066, Clark, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,032 (100%) |
| Owner Occupied HU | 4,502 (74.6%) |
| Renter Occupied HU | 1,323 (21.9%) |
| Vacant Housing Units | 207 ( 3.4%) |
| Median Home Value | $619,297 |
| Average Home Value | $666,137 |
Housing Distribution
Address Breakdown
Residential
6,313
Single Family
5,740
Multi-Family
573
Businesses
592
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices