175 Park LnWayneNJ07470
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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
Rental property for sale in Wayne at 175 Park Ln, Wayne, NJ, 07470 priced at $212,000 pairs $5,053/mo rent with $2,859/mo cash flow after a $1,038/mo payment. Total monthly income equals $5,053/mo, and annual cash flow comes to $34,302/yr on $70,278 invested. Return on cash invested is 68.72% in year one, and rental yield stands at 28.6% on a $212,000 basis. Equity gained on principal adds $1,368/yr, and 5% annual appreciation accumulates to $58,572 by year five. Five-year ROI measures 370.06% and total cumulative return in cash reaches $260,071. For financing, Ziffy Mortgage’s DSCR program evaluates $5,053/mo property income against a $1,038/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1800
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07470, Wayne, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
19,226
Single Family
17,362
Multi-Family
1,864
Businesses
1,742
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Listed by: N/A • N/A
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Mls ID: #N/A