37 Manchester Ct #121WayneNJ07470
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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 Wayne at 37 Manchester Ct #121, Wayne, NJ, 07470 earns from $2,051/mo rent with a $1,463/mo payment. Total monthly income totals $2,051/mo. ROI tracks 15.86% on current figures, and rental yield reads 8.23% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 83.5% and total cumulative return in cash sums $82,762. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,051/mo property income instead of your personal income.
Townhouse
Built in 1968
N/A lot
$N/A/sqft
$255 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07470, Wayne, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
19,226
Single Family
17,362
Multi-Family
1,864
Businesses
1,742
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Listed by: Halina Strzepek • Exp Realty, Llc
Mls Name: GSMLS
Mls Provider:
Mls ID: #3966442
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