69 Larkspur LnCliftonNJ07013
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 Clifton at 69 Larkspur Ln, Clifton, NJ, 07013 offers $3,600/mo rent that, after a $3,548/mo payment. Total monthly income is $3,600/mo. Return on cash invested measures 12.18% in year one, and rental yield stands at 5.96% at a $724,900 entry. Equity gained on principal adds $4,678/yr while 5% annual appreciation compounds into $200,277 by year five. Five-year ROI records 62.59% and total cumulative return in cash reaches $149,277. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,600/mo property income versus a $3,548/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07013, Clifton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,346 (100%) |
| Owner Occupied HU | 7,850 (69.2%) |
| Renter Occupied HU | 2,970 (26.2%) |
| Vacant Housing Units | 526 ( 4.6%) |
| Median Home Value | $520,711 |
| Average Home Value | $566,172 |
Housing Distribution
Address Breakdown
Residential
10,926
Single Family
9,819
Multi-Family
1,107
Businesses
893
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Listed by: Meena R. Patel • Keller Williams Village Square
Mls Name: GSMLS
Mls ID: #3992926