340 Marsan DrCarlstadtNJ07072
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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
Investment Highlights
Rental property for sale in Carlstadt at 340 Marsan Dr, Carlstadt, NJ, 07072 priced at $649,000 pairs $4,782/mo rent with $156/mo cash flow after a $3,177/mo payment. Total monthly income equals $4,782/mo, and annual cash flow comes to $1,867/yr on $213,521 invested. Return on cash invested is 20.93% in year one, and rental yield stands at 8.84% on a $649,000 basis. Equity gained on principal adds $4,188/yr, and 5% annual appreciation accumulates to $179,307 by year five. Five-year ROI measures 109.55% and total cumulative return in cash reaches $233,916. For financing, Ziffy Mortgage’s DSCR program evaluates $4,782/mo property income against a $3,177/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07072, Carlstadt, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,544 (100%) |
| Owner Occupied HU | 1,385 (54.4%) |
| Renter Occupied HU | 1,037 (40.8%) |
| Vacant Housing Units | 122 ( 4.8%) |
| Median Home Value | $621,683 |
| Average Home Value | $617,294 |
Housing Distribution
Address Breakdown
Residential
2,221
Single Family
2,159
Multi-Family
62
Businesses
574
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Listed by: Amy E Gumble • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4003628