21 Wabash AveWhartonNJ07885
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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 Wharton at 21 Wabash Ave, Wharton, NJ, 07885 with 5% annual appreciation on a $550,000 basis while $3,955/mo rent supports operations. Total monthly income totals $3,955/mo and a $2,692/mo payment preserves $35/mo for cash returns. Annual cash flow comes to $416/yr on $180,950 deployed, and return on cash invested reaches 20.29% in year one. Equity gained on principal adds $3,549/yr, and five-year appreciation sums $151,955 alongside rental yield of 8.63%. Five-year ROI measures 106.09% and total cumulative return in cash totals $191,974.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,955/mo property income versus a $2,692/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
0.47 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: Irina Gori • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3984164