71 Washington CtTowacoNJ07082
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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
Investment Highlights
Rental property for sale in Towaco at 71 Washington Ct, Towaco, NJ, 07082 offers $4,018/mo rent that, after a $2,981/mo payment. Total monthly income is $4,018/mo. Return on cash invested measures 18.13% in year one, and rental yield stands at 7.92% at a $609,000 entry. Equity gained on principal adds $3,930/yr while 5% annual appreciation compounds into $168,255 by year five. Five-year ROI records 94.48% and total cumulative return in cash reaches $189,305. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,018/mo property income versus a $2,981/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1992
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07082, Towaco, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,937 (100%) |
| Owner Occupied HU | 1,726 (89.1%) |
| Renter Occupied HU | 143 ( 7.4%) |
| Vacant Housing Units | 68 ( 3.5%) |
| Median Home Value | $746,544 |
| Average Home Value | $812,326 |
Housing Distribution
Address Breakdown
Residential
1,954
Single Family
1,954
Multi-Family
0
Businesses
166
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Listed by: Melissa Gonzales • Signature Realty Nj
Mls Name: GSMLS
Mls ID: #4006372