31 Bergen AveWantageNJ07461
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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 Wantage at 31 Bergen Ave, Wantage, NJ, 07461 earns $755/mo cash flow from $3,250/mo rent with a $1,713/mo payment. Total monthly income totals $3,250/mo, and annual cash flow totals $9,064/yr on $116,025 capital. ROI tracks 27.72% on current figures, and rental yield reads 11.14% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 145.98% and total cumulative return in cash sums $169,370. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,250/mo property income instead of your personal income.
Single Family
Built in 1984
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07461, Sussex, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,474 (100%) |
| Owner Occupied HU | 6,001 (70.8%) |
| Renter Occupied HU | 1,313 (15.5%) |
| Vacant Housing Units | 1,160 (13.7%) |
| Median Home Value | $386,225 |
| Average Home Value | $436,301 |
Housing Distribution
Address Breakdown
Residential
7,223
Single Family
7,182
Multi-Family
41
Businesses
331
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Listed by: Sally Vandergroef • Weichert Realtors
Mls Name: GSMLS
Mls Provider:
Mls ID: #3967458
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