34 Lewis PlTotowaNJ07512
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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 Totowa at 34 Lewis Pl, Totowa, NJ, 07512 listed at $729,000 pairs $2,395/mo rent with a $3,568/mo payment. Total monthly income runs $2,395/mo. Return on cash invested measures 6.05% in year one, and rental yield registers 3.94% at a $729,000 basis. Equity gained on principal adds $4,704/yr, and annual property appreciation at 5% supports $201,409 by year five. Five-year ROI tracks 29.7% and total cumulative return in cash totals $71,232. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,395/mo property income relative to a $3,568/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1932
3,920 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: Earl Garcia • Elite Realtors Of New Jersey
Mls Name: GSMLS
Mls ID: #3983295