16 Forest Park DrWaretownNJ08758
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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 Waretown at 16 Forest Park Dr, Waretown, NJ, 08758 earns from $2,737/mo rent with a $2,242/mo payment. Total monthly income totals $2,737/mo. ROI tracks 15.74% on current figures, and rental yield reads 7.17% at a $457,990 purchase. Equity gained on principal adds $2,955/yr, and 5% annual appreciation supports $126,534 over five years. Five-year ROI reaches 81.73% and total cumulative return in cash sums $124,086. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,737/mo property income instead of your personal income.
Townhouse
Built in 2025
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08758, Waretown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,118 (100%) |
| Owner Occupied HU | 3,057 (74.2%) |
| Renter Occupied HU | 496 (12.0%) |
| Vacant Housing Units | 565 (13.7%) |
| Median Home Value | $566,761 |
| Average Home Value | $599,940 |
Housing Distribution
Address Breakdown
Residential
4,019
Single Family
3,942
Multi-Family
77
Businesses
156
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Listed by: Vinny Gibson • D.R. Horton Realty of New Jersey
Mls Name: Bright MLS
Mls ID: #NJOC2038954