10314 Warrens WayWanaqueNJ07465
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 Wanaque at 10314 Warrens Way, Wanaque, NJ, 07465 generates $3,144/mo in rent, after a $2,201/mo payment. Total monthly income is $3,144/mo. Return on cash invested sits at 12.15% in year one, and rental yield is 8.39% on a $449,700 entry. Equity gained on principal adds $2,902/yr, while 5% annual appreciation builds toward $124,244 over five years. Five-year ROI reaches 65.13% and total cumulative return in cash sums $97,088. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,144/mo property income rather than buyer’s personal income.
Condo
Built in 2006
435.60 sqft 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: Tina Cali • C-21 Gemini, Llc.
Mls Name: GSMLS
Mls Provider:
Mls ID: #3963127
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