153 MOUNTAIN AVENUEWarrenNJ07059
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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 Warren at 153 MOUNTAIN AVENUE, Warren, NJ, 07059 with 5% annual appreciation on a $988,000 basis while $7,372/mo rent supports operations. Total monthly income totals $7,372/mo and a $4,836/mo payment preserves $329/mo for cash returns. Annual cash flow comes to $3,954/yr on $325,052 deployed, and return on cash invested reaches 21.28% in year one. Equity gained on principal adds $6,375/yr, and five-year appreciation sums $272,966 alongside rental yield of 8.95%. Five-year ROI measures 111.38% and total cumulative return in cash totals $362,056.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,372/mo property income versus a $4,836/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1890
4.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07059, Warren, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,064 (100%) |
| Owner Occupied HU | 5,162 (85.1%) |
| Renter Occupied HU | 539 ( 8.9%) |
| Vacant Housing Units | 363 ( 6.0%) |
| Median Home Value | $955,093 |
| Average Home Value | $1,050,335 |
Housing Distribution
Address Breakdown
Residential
6,026
Single Family
5,915
Multi-Family
111
Businesses
656
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Listed by: Ashley Freitas • Compass New Jersey, Llc
Mls Name: GSMLS
Mls ID: #3987398