462 Carvin StClaytonNJ08312
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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 Clayton at 462 Carvin St, Clayton, NJ, 08312 generates $2,020/mo in rent, after a $1,468/mo payment. Total monthly income is $2,020/mo. Return on cash invested sits at 18.49% in year one, and rental yield is 8.08% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 96.43% and total cumulative return in cash sums $95,904. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,020/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08312, Clayton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,335 (100%) |
| Owner Occupied HU | 2,385 (71.5%) |
| Renter Occupied HU | 771 (23.1%) |
| Vacant Housing Units | 179 ( 5.4%) |
| Median Home Value | $284,907 |
| Average Home Value | $297,345 |
Housing Distribution
Address Breakdown
Residential
3,195
Single Family
3,055
Multi-Family
140
Businesses
167
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Listed by: Nicole Scarpa • Township Realty
Mls Name: Bright MLS
Mls ID: #NJGL2068342