112 Fern AveWhartonNJ07885
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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
Investment property for sale in Wharton at 112 Fern Ave, Wharton, NJ, 07885 listed at $350,000 pairs $2,470/mo rent with a $1,713/mo payment. Total monthly income runs $2,470/mo. Return on cash invested measures 19.65% in year one, and rental yield registers 8.47% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 102.72% and total cumulative return in cash totals $119,186. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,470/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1935
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07885, Wharton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,971 (100%) |
| Owner Occupied HU | 3,052 (61.4%) |
| Renter Occupied HU | 1,587 (31.9%) |
| Vacant Housing Units | 332 ( 6.7%) |
| Median Home Value | $417,827 |
| Average Home Value | $454,671 |
Housing Distribution
Address Breakdown
Residential
5,595
Single Family
4,794
Multi-Family
801
Businesses
309
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Listed by: Ilene Horowitz • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4001867