








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Parsippany at 57 Willow Ln, Parsippany, NJ, 07054 listed at $979,990 pairs $3,290/mo rent with a $4,797/mo payment. Total monthly income runs $3,290/mo. Return on cash invested measures 6.31% in year one, and rental yield registers 4.03% at a $979,990 basis. Equity gained on principal adds $6,324/yr, and annual property appreciation at 5% supports $270,753 by year five. Five-year ROI tracks 31.1% and total cumulative return in cash totals $100,281. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,290/mo property income relative to a $4,797/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07054, Parsippany, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,825 (100%) |
| Owner Occupied HU | 6,548 (51.1%) |
| Renter Occupied HU | 5,656 (44.1%) |
| Vacant Housing Units | 621 ( 4.8%) |
| Median Home Value | $599,652 |
| Average Home Value | $608,694 |
Residential
11,833
Single Family
10,792
Multi-Family
1,041
Businesses
1,934
Date | Event | Price |
|---|---|---|
| 2025-05-28 | Listed for sale | $979,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A