91 Emily PlParsippanyNJ07054
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 Parsippany at 91 Emily Pl, Parsippany, NJ, 07054 priced at $751,000 pairs $3,290/mo rent with after a $3,676/mo payment. Total monthly income equals $3,290/mo. Return on cash invested is 10.04% in year one, and rental yield stands at 5.26% on a $751,000 basis. Equity gained on principal adds $4,846/yr, and 5% annual appreciation accumulates to $207,487 by year five. Five-year ROI measures 51.12% and total cumulative return in cash reaches $126,308. For financing, Ziffy Mortgage’s DSCR program evaluates $3,290/mo property income against a $3,676/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2001
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07054, Parsippany, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,825 (100%) |
| Owner Occupied HU | 6,548 (51.1%) |
| Renter Occupied HU | 5,656 (44.1%) |
| Vacant Housing Units | 621 ( 4.8%) |
| Median Home Value | $599,652 |
| Average Home Value | $608,694 |
Housing Distribution
Address Breakdown
Residential
11,833
Single Family
10,792
Multi-Family
1,041
Businesses
1,934
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tanvini Y. Gogri • Green Estate Realty Llc
Mls Name: GSMLS
Mls ID: #3994531