12 Highview TerWhartonNJ07885
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
Investment property for sale in Wharton at 12 Highview Ter, Wharton, NJ, 07885 uses $115,992 cash to close to unlock $6,643/yr annual cash flow and $554/mo monthly cash flow. Total monthly income runs $3,048/mo, and a $1,713/mo payment keeps the spread at $554/mo. Purchase price stands at $349,900, and rental yield measures 10.45% with $3,048/mo rent. Return on cash invested shows 25.64% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 134.8% and total cumulative return in cash records $156,354. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,048/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.30 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Johanna Rivera • Realty Executives Property Squad
Mls Name: GSMLS
Mls ID: #3986009