2 Mettle LnWhartonNJ07885
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wharton at 2 Mettle Ln, Wharton, NJ, 07885 generates $5,573/mo in rent and, after a $3,671/mo payment, leaves $227/mo in cash flow. Total monthly income is $5,573/mo, and annual cash flow is $2,724/yr on $246,750 invested. Return on cash invested sits at 21.16% in year one, and rental yield is 8.92% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 110.77% and total cumulative return in cash sums $273,330. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,573/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07885, Wharton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,971 (100%) |
| Owner Occupied HU | 3,052 (61.4%) |
| Renter Occupied HU | 1,587 (31.9%) |
| Vacant Housing Units | 332 ( 6.7%) |
| Median Home Value | $417,827 |
| Average Home Value | $454,671 |
Housing Distribution
Address Breakdown
Residential
5,595
Single Family
4,794
Multi-Family
801
Businesses
309
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Listed by: Tanner Sommese • Keller Williams Integrity
Mls Name: GSMLS
Mls ID: #4006878