249 Levinberg Ln, Wayne, NJ, 07470 | 5.44% Rental Yield | Ziffy
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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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NMLS #2625701
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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
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Investment Highlights

Rental property for sale in Wayne at 249 Levinberg Ln, Wayne, NJ, 07470 priced at $699,900 converts $3,172/mo rent into after a $3,426/mo obligation. Total monthly income equals $3,172/mo. Return on cash invested prints 10.59% in year one, and rental yield reads 5.44% against a $699,900 entry. Equity gained on principal adds $4,516/yr, while 5% annual appreciation compiles into $193,369 by year five. Five-year ROI reaches 54.08% and total cumulative return in cash sums $124,520. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,172/mo property income covering a $3,426/mo payment, not borrower’s personal income.

Townhouse

Built in 2004

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this well maintained and updated Bradley Model townhome in the highly desirable Grandover Pointe community. The Bright, open layout does not dissapoint! The living and dining rooms have beautiful wood flooring and flow nicely into both the kitchen and family room. The Fam. rm. has a wonderful gas fireplace and newer W/W carpeting and flows into the breakfast nook, featuring sliders to a deck w/ natural gas line for grilling! The kitchen boasts plenty of cabinetry , granite counters, SS appliances, and a breakfast bar peninsula. The 2nd fl. offers new LVP flooring, and a spacious landing area. The primary BR offers a bright sitting rm, 2 wic's and a beautiful bth. featuring a dbl.vanity, jetted tub and sep.S/S. 2 more bedrooms and hall bath, the convenient laundry rm completes this level. The large basement offers w/w carpeting, ample storage rm, and multiple closets! Absolutely a must see!

Neighborhood Data

Neighborhood data shown for ZIP Code: 07470, Wayne, NJ area.

Housing Distribution

Housing Statistics

CategoryValue
Total HU (Housing Units)19,128 (100%)
Owner Occupied HU14,851 (77.6%)
Renter Occupied HU3,702 (19.4%)
Vacant Housing Units575 ( 3.0%)
Median Home Value$626,892
Average Home Value$645,853

Address Breakdown

Residential

19,226

Single Family

17,362

Multi-Family

1,864

Businesses

1,742

Price History

Date

Event

Price

No price history data available

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

No tax history data available
Loan officer
Loan officer
Loan officer
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved

Facts & Features

General Information

  • Type: Townhouse
  • Year Built: 2004
  • Architectural Style: N/A
  • Building Area: N/A
  • Living Area: N/A
  • Property Condition: N/A

Features & Amenities

  • Heating: N/A
  • Cooling: N/A
  • Flooring: N/A
  • Interior Features: N/A
  • Exterior Features: N/A
  • Parking Features: 1 Car Width, Asphalt, Hard Surface, Built-In Garage, Garage Door Opener

Location

  • City: Wayne
  • State: NJ
  • Subdivision: N/A
  • Lot Size: N/A
  • Lot Features: N/A
  • View: N/A

HOA & Fees

  • HOA Fee: N/A
  • Association Fee: N/A
  • Fees & Dues: N/A
  • Association Amenities: N/A
  • Association Fee Includes: N/A

Utilities

  • Utilities: N/A
  • Sewer: N/A
  • Water Source: N/A
  • Road Surface Type: N/A

School Information

  • Elementary School: N/A
  • Middle School: N/A
  • High School: N/A

Listed by: Salvator Antoci • A.J. Cali Real Estate 

Mls Name: GSMLS

Mls ID: #3991626

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