6 Carrie RdNorth ArlingtonNJ07031
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 6 Carrie Rd, North Arlington, NJ, 07031 in North Arlington achieves 1.51, rent of $4,620/mo covers the $3,053/mo payment 1.5x over at $679,000. Rental yield 8.16%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $187,595 over five years, with $6,254/yr in principal reduction bringing total projected return to $246,126.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $(220) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,620 |
| Total Monthly Debt Service | $4,570 |
| DSCR Ratio | 1.01x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07031, North Arlington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,802 (100%) |
| Owner Occupied HU | 3,542 (52.1%) |
| Renter Occupied HU | 3,036 (44.6%) |
| Vacant Housing Units | 224 ( 3.3%) |
| Median Home Value | $550,000 |
| Average Home Value | $571,886 |
Housing Distribution
Address Breakdown
Residential
6,146
Single Family
5,662
Multi-Family
484
Businesses
407
Nearby investment properties with comparable rents
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
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07031, North Arlington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,802 (100%) |
| Owner Occupied HU | 3,542 (52.1%) |
| Renter Occupied HU | 3,036 (44.6%) |
| Vacant Housing Units | 224 ( 3.3%) |
| Median Home Value | $550,000 |
| Average Home Value | $571,886 |
Housing Distribution
Address Breakdown
Residential
6,146
Single Family
5,662
Multi-Family
484
Businesses
407
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NJMLS
Mls ID: #26010978