228 Totowa RdTotowaNJ07512
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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
Rental property for sale in Totowa at 228 Totowa Rd, Totowa, NJ, 07512 generates $4,874/mo in rent and, after a $2,687/mo payment, leaves $961/mo in cash flow. Total monthly income is $4,874/mo, and annual cash flow is $11,531/yr on $180,621 invested. Return on cash invested sits at 26.44% in year one, and rental yield is 10.65% on a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 139.09% and total cumulative return in cash sums $251,228. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,874/mo property income rather than buyer’s personal income.
Single Family
Built in 1927
3,484 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: Jairo Rodriguez • Prominent Properties Sir
Mls Name: GSMLS
Mls ID: #4005034