39 Packanack Lake RdWayneNJ07470
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 39 Packanack Lake Rd, Wayne, NJ, 07470 earns $196/mo cash flow from $5,080/mo rent with a $3,328/mo payment. Total monthly income totals $5,080/mo, and annual cash flow totals $2,353/yr on $223,687 capital. ROI tracks 21.11% on current figures, and rental yield reads 8.97% at a $679,900 purchase. Equity gained on principal adds $4,387/yr, and 5% annual appreciation supports $187,844 over five years. Five-year ROI reaches 110.59% and total cumulative return in cash sums $247,373. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,080/mo property income instead of your personal income.
Single Family
Built in 1950
9,583 sqft lot
$N/A/sqft
$450 annually 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: Avner Zvulun • Re/Max Select
Mls Name: GSMLS
Mls Provider:
Mls ID: #3938925
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