17 Wagner Farm LaneMillstone TownshipNJ08535
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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 Millstone Township at 17 Wagner Farm Lane, Millstone Township, NJ, 08535 offers a 5.73% rental yield on a $1,340,000 purchase with $6,402/mo rent. 66% in year one. Equity gained on principal adds $8,647/yr while 5% annual appreciation supports $370,217 over five years. Portfolio math shows five-year ROI at 59.79% and total cumulative return in cash at $259,606. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,402/mo property income against a $6,559/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08535, Perrineville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,609 (100%) |
| Owner Occupied HU | 1,480 (92.0%) |
| Renter Occupied HU | 78 ( 4.8%) |
| Vacant Housing Units | 51 ( 3.2%) |
| Median Home Value | $850,548 |
| Average Home Value | $878,221 |
Housing Distribution
Address Breakdown
Residential
1,716
Single Family
1,716
Multi-Family
0
Businesses
186
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Listed by: Brian Lourenco • RE/MAX Homeland Realtors
Mls Name: MoreMLS
Mls ID: #22529033