Rockefeller with Library Plan, Parq, Parsippany, NJ, 07054 | 4.01% Rental Yield

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Rockefeller with Library Plan, Parq, Parsippany, NJ, 07054 | 4.01% Rental Yield | 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

Rental property for sale in Parsippany at Rockefeller with Library Plan, Parq, Parsippany, NJ, 07054 priced at $984,990 pairs $3,290/mo rent with after a $4,821/mo payment. Total monthly income equals $3,290/mo. Return on cash invested is 6.25% in year one, and rental yield stands at 4.01% on a $984,990 basis. Equity gained on principal adds $6,356/yr, and 5% annual appreciation accumulates to $272,135 by year five. Five-year ROI measures 30.78% and total cumulative return in cash reaches $99,751. For financing, Ziffy Mortgage’s DSCR program evaluates $3,290/mo property income against a $4,821/mo payment instead of your W2s, 1099s, or Tax returns.

Townhouse

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to PARQ - a true destination community. The Rockefeller with Library at PARQ offers the luxury you are looking for in an ultra-convenient location. Live within 1 mile of 287 and 80 in Morris County in a new community with plans for restaurants, upscale shopping, and more. This floorplan increases the allure of this community. A large room at the front door, designed to be the perfect formal dining or living room, greets you as you enter the large and inviting foyer. The gourmet kitchen opens to the dinette and family room, an ideal gathering space for family and friends. The additional library space offers room for a home office or playroom. Add a full bathroom to the main level for extra convenience. Upstairs, double doors lead to your luxurious owner's suite, featuring a tray ceiling, dual walk-in closets, a spa-like ensuite bath with a double-bowl vanity, a freestanding soaking tub, and a shower with a seat. The upper level is rounded out with 2 additional bedrooms, each with ample closet space and a private full bath. The finished basement provides an additional level of living space. You'll be stunned by this home. Contact us today to schedule your appointment to tour the model home.

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