10302 Warrens WayWanaqueNJ07465
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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
Investment property for sale in Wanaque at 10302 Warrens Way, Wanaque, NJ, 07465 earns from $3,218/mo rent with a $2,149/mo payment. Total monthly income totals $3,218/mo. ROI tracks 11.91% on current figures, and rental yield reads 8.8% at a $439,000 purchase. Equity gained on principal adds $2,833/yr, and 5% annual appreciation supports $121,288 over five years. Five-year ROI reaches 64.38% and total cumulative return in cash sums $93,692. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,218/mo property income instead of your personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$902 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07465, Wanaque, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,696 (100%) |
| Owner Occupied HU | 2,141 (79.4%) |
| Renter Occupied HU | 418 (15.5%) |
| Vacant Housing Units | 137 ( 5.1%) |
| Median Home Value | $452,470 |
| Average Home Value | $468,856 |
Housing Distribution
Address Breakdown
Residential
2,654
Single Family
1,872
Multi-Family
782
Businesses
89
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Listed by: Barbara Werner • Weichert Rltrs Rdg
Mls Name: GSMLS
Mls Provider:
Mls ID: #3937145
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