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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Wayne at 13 3rd St, Wayne, NJ, 07470 at $161,000 posts ROI 21.99% with $92/mo cash flow from $1,240/mo rent. Total monthly income equals $1,240/mo, and annual cash flow records $1,109/yr on $53,372 to close. Return on cash invested measures 21.99% and rental yield reads 9.24% at the current $161,000. Equity gained on principal adds $1,039/yr, and 5% annual appreciation supports $44,481 by year five. Five-year ROI prints 115.26% and total cumulative return in cash totals $61,515.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,240/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07470, Wayne, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,128 (100%) |
| Owner Occupied HU | 14,851 (77.6%) |
| Renter Occupied HU | 3,702 (19.4%) |
| Vacant Housing Units | 575 ( 3.0%) |
| Median Home Value | $626,892 |
| Average Home Value | $645,853 |
Residential
19,226
Single Family
17,362
Multi-Family
1,864
Businesses
1,742
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Marie Notarangelo • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3990874
