23 Stein AvenueWallingtonNJ07057
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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 Wallington at 23 Stein Avenue, Wallington, NJ, 07057 generates $3,366/mo in rent, after a $2,540/mo payment. Total monthly income is $3,366/mo. Return on cash invested sits at 17.72% in year one, and rental yield is 7.78% on a $519,000 entry. Equity gained on principal adds $3,349/yr, while 5% annual appreciation builds toward $143,390 over five years. Five-year ROI reaches 92.31% and total cumulative return in cash sums $157,617. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,366/mo property income rather than buyer’s personal income.
Single Family
Built in 1926
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07057, Wallington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,213 (100%) |
| Owner Occupied HU | 1,931 (37.0%) |
| Renter Occupied HU | 3,020 (57.9%) |
| Vacant Housing Units | 262 ( 5.0%) |
| Median Home Value | $557,007 |
| Average Home Value | $565,225 |
Housing Distribution
Address Breakdown
Residential
4,371
Single Family
4,292
Multi-Family
79
Businesses
324
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Listed by: Joseph S Viscuso • Crossroads Realty Ocean Cty Regional Office
Mls Name: MOMLS
Mls Provider:
Mls ID: #22513823
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.