201 Dewey Ave, Totowa, NJ, 07512 | $37/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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201 Dewey Ave, Totowa, NJ, 07512 | $37/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Totowa at 201 Dewey Ave, Totowa, NJ, 07512 generates $3,600/mo in rent and, after a $2,447/mo payment, leaves $37/mo in cash flow. Total monthly income is $3,600/mo, and annual cash flow is $439/yr on $165,717 invested. Return on cash invested sits at 20.17% in year one, and rental yield is 8.64% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 105.49% and total cumulative return in cash sums $174,816. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,600/mo property income rather than buyer’s personal income.

Single Family

Built in 1930

3,920 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this classic vinyl sided colonial with an open floor plan and is situated on a tree lined street, that boasts a touch of old-world charm filled with timeless character and gorgeous custom oak trim, banisters, & moldings. Upon entering there is a front porch that transitions into an oversized LR with an accent faux brick wall, formal dining room featuring a decorative frpl,, is perfect for entertaining & creating lifelong memories, the well-designed kitchen offers functionality & an abundance of cabinetry & counterspace, bdrm & full bath for added convenience complete the 1st flr. Retreat to the inviting open rear porch that overlooks the yard. The 2nd flr. is comprised of 2 sizable BRS-a primary bdrm with 3 closets,& an add'l br, + roomy main bath-claw tub. Full, unfinished, walkout bsmt. w/ldry area. The large replacement windows add so much natural light throughout the home. HW floors, high ceilings, stained glass window, storage shed, are just a few special features this home has to offer. Enjoy the outdoors in the privacy of your own fenced in yard w/blue stone patio, an ideal setting for outdoor gatherings. The long drwy provides off-street parking for 3 cars. Low Totowa taxes!! This property is easily accessible to schools, parks, restaurants, shopping, & major highways in just minutes! Get ready to be amazed by this home?s endless possibilities! Don't miss the chance to turn this house into your dream home. Property to be sold " AS IS" condition.

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