42 Hobart 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 42 Hobart Pl, Totowa, NJ, 07512 earns $418/mo cash flow from $4,552/mo rent with a $2,839/mo payment. Total monthly income totals $4,552/mo, and annual cash flow totals $5,012/yr on $190,820 capital. ROI tracks 22.69% on current figures, and rental yield reads 9.42% at a $580,000 purchase. Equity gained on principal adds $3,743/yr, and 5% annual appreciation supports $160,243 over five years. Five-year ROI reaches 118.95% and total cumulative return in cash sums $226,977. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,552/mo property income instead of your personal income.
Single Family
Built in N/A
4,356 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: Michael Schiff • Keller Williams - Nj Metro Group
Mls Name: GSMLS
Mls Provider:
Mls ID: #3963364
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