




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 Andover at 34 Winding Way, Andover, NJ, 07821 priced at $395,000 converts $3,721/mo rent into $906/mo cash flow after a $1,933/mo obligation. Total monthly income equals $3,721/mo, and annual cash flow totals $10,870/yr on $130,943 invested. Return on cash invested prints 28.21% in year one, and rental yield reads 11.3% against a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation compiles into $109,131 by year five. Five-year ROI reaches 148.59% and total cumulative return in cash sums $194,562. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,721/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Single Family
Built in 1986
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07821, Andover, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,944 (100%) |
| Owner Occupied HU | 3,089 (78.3%) |
| Renter Occupied HU | 407 (10.3%) |
| Vacant Housing Units | 448 (11.4%) |
| Median Home Value | $451,606 |
| Average Home Value | $492,629 |
Residential
3,457
Single Family
3,457
Multi-Family
0
Businesses
213
Date | Event | Price |
|---|---|---|
| 2025-10-08 | Sold | $395,000 |
| 2025-08-14 | Pending sale | $399,000 |
| 2025-07-24 | Price change | $399,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-09 | $8180.88 | 1.81% | $213,600 | N/A |
| 2023-10-09 | $8035.63 | 2.79% | $213,600 | N/A |
| 2022-10-09 | $7817.76 | 1.55% | $213,600 | N/A |



Listed by: Tang Ho • Keller Williams Prosperity Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3973014
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