60 Sycamore St, Carteret, NJ, 07008 | $356/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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60 Sycamore St, Carteret, NJ, 07008 | $356/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Carteret at 60 Sycamore St, Carteret, NJ, 07008 at $560,000 posts ROI 22.38% with $356/mo cash flow from $4,348/mo rent. Total monthly income equals $4,348/mo, and annual cash flow records $4,276/yr on $184,240 to close. Return on cash invested measures 22.38% and rental yield reads 9.32% at the current $560,000. Equity gained on principal adds $3,614/yr, and 5% annual appreciation supports $154,718 by year five. Five-year ROI prints 117.32% and total cumulative return in cash totals $216,149.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,348/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1953

5,000 sqft lot

$N/A/sqft

No HOA

More details about the property

Completely Renovated 4-Bedroom Gem in Carteret! Welcome to your dream home! This beautifully renovated 4-bedroom, 2-bathroom residence offers the perfect blend of style, comfort, and functionality. Featuring a spacious open floor plan, the home flows effortlessly from room to roomideal for both everyday living and entertaining. The heart of the home is the brand-new, cabinet-filled kitchen, boasting a sleek stainless steel appliance package, modern countertops, and a convenient breakfast barperfect for casual meals or morning coffee. The primary bedroom includes a private ensuite bath, creating a peaceful retreat at the end of the day. Both bathrooms are completely updated with contemporary finishes and fixtures. Step outside to your covered rear patio, set in a park-like backyardan ideal setting for gatherings, BBQs, or quiet evenings under the stars. Additional highlights include turnkey condition with stylish modern updates throughout, making this home truly move-in ready. Nestled on a quiet, desirable street in Carteret, this property offers both comfort and convenience in a welcoming neighborhood. Don't miss this rare opportunity to own a fully renovated home with generous space inside and outschedule your private showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 07008, Carteret, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,034 (100%)
Owner Occupied HU	4,593 (50.8%)
Renter Occupied HU	3,878 (42.9%)
Vacant Housing Units	563 ( 6.2%)
Median Home Value	$459,676
Average Home Value	$516,332