3 Old Lane ExtTowacoNJ07082
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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 Towaco at 3 Old Lane Ext, Towaco, NJ, 07082 listed at $1,349,000 pairs $2,700/mo rent with a $6,603/mo payment. Total monthly income runs $2,700/mo. Return on cash invested measures 1.38% in year one, and rental yield registers 2.4% at a $1,349,000 basis. Equity gained on principal adds $8,705/yr, and annual property appreciation at 5% supports $372,704 by year five. Five-year ROI tracks 4.66% and total cumulative return in cash totals $20,379. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,700/mo property income relative to a $6,603/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07082, Towaco, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,937 (100%) |
| Owner Occupied HU | 1,726 (89.1%) |
| Renter Occupied HU | 143 ( 7.4%) |
| Vacant Housing Units | 68 ( 3.5%) |
| Median Home Value | $746,544 |
| Average Home Value | $812,326 |
Housing Distribution
Address Breakdown
Residential
1,954
Single Family
1,954
Multi-Family
0
Businesses
166
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Listed by: Christina Wheeler • Century 21 The Crossing
Mls Name: GSMLS
Mls ID: #4005789