38 Wanaque AveHaskellNJ07420
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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
Rental property for sale in Haskell at 38 Wanaque Ave, Haskell, NJ, 07420 offers $4,800/mo rent that, after a $2,393/mo payment, leaves $1,315/mo cash flow. Total monthly income is $4,800/mo, and annual cash flow is $15,779/yr on $162,104 cash. Return on cash invested measures 29.64% in year one, and rental yield stands at 11.78% at a $489,000 entry. Equity gained on principal adds $3,155/yr while 5% annual appreciation compounds into $135,102 by year five. Five-year ROI records 156.26% and total cumulative return in cash reaches $253,306. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,800/mo property income versus a $2,393/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07420, Haskell, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,919 (100%) |
| Owner Occupied HU | 1,536 (80.0%) |
| Renter Occupied HU | 325 (16.9%) |
| Vacant Housing Units | 58 ( 3.0%) |
| Median Home Value | $389,264 |
| Average Home Value | $404,006 |
Housing Distribution
Address Breakdown
Residential
1,826
Single Family
1,826
Multi-Family
0
Businesses
163
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Listed by: Deborah Lopez • Re/Max Country Realty
Mls Name: GSMLS
Mls ID: #4006062