239 Wallington AveWallingtonNJ07057
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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 Wallington at 239 Wallington Ave, Wallington, NJ, 07057 listed at $1,100,000 pairs $3,300/mo rent with a $5,384/mo payment. Total monthly income runs $3,300/mo. Return on cash invested measures 5.08% in year one, and rental yield registers 3.6% at a $1,100,000 basis. Equity gained on principal adds $7,098/yr, and annual property appreciation at 5% supports $303,910 by year five. Five-year ROI tracks 24.5% and total cumulative return in cash totals $87,307. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,300/mo property income relative to a $5,384/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in N/A
N/A 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: Bobby Ristovski • Coccia Realty Better Homes & Gardens-Rutherford
Mls Name: NJMLS
Mls ID: #25043799