




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Wayne at 237 Whitmore Ave, Wayne, NJ, 07470 priced at $300,000 pairs $3,172/mo rent with $1,034/mo cash flow after a $1,468/mo payment. Total monthly income equals $3,172/mo, and annual cash flow comes to $12,408/yr on $99,450 invested. Return on cash invested is 32.39% in year one, and rental yield stands at 12.69% on a $300,000 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 170.97% and total cumulative return in cash reaches $170,028. For financing, Ziffy Mortgage’s DSCR program evaluates $3,172/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07470, Wayne, NJ area.
| 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 |
Residential
19,226
Single Family
17,362
Multi-Family
1,864
Businesses
1,742
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Hernan Castro • The Real Estate Company
Mls Name: NJMLS
Mls ID: #25021706