618 Turlington CtLivingstonNJ07039
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
Investment Highlights
Rental property for sale in Livingston at 618 Turlington Ct, Livingston, NJ, 07039 priced at $680,000 converts $5,134/mo rent into $287/mo cash flow after a $3,328/mo obligation. Total monthly income equals $5,134/mo, and annual cash flow totals $3,448/yr on $223,720 invested. Return on cash invested prints 21.6% in year one, and rental yield reads 9.06% against a $680,000 entry. Equity gained on principal adds $4,388/yr, while 5% annual appreciation compiles into $187,871 by year five. Five-year ROI reaches 113.13% and total cumulative return in cash sums $253,104. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,134/mo property income covering a $3,328/mo payment, not borrower’s personal income.
Single Family
Built in 2001
32.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07039, Livingston, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,719 (100%) |
| Owner Occupied HU | 9,255 (86.3%) |
| Renter Occupied HU | 1,183 (11.0%) |
| Vacant Housing Units | 281 ( 2.6%) |
| Median Home Value | $837,618 |
| Average Home Value | $942,061 |
Housing Distribution
Address Breakdown
Residential
10,981
Single Family
9,820
Multi-Family
1,161
Businesses
1,441
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Listed by: Meghan Mullin • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3963583
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