4107 Warrens WayWanaqueNJ07465
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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 Wanaque at 4107 Warrens Way, Wanaque, NJ, 07465 priced at $459,900 converts $3,224/mo rent into after a $2,251/mo obligation. Total monthly income equals $3,224/mo. Return on cash invested prints 11.27% in year one, and rental yield reads 8.41% against a $459,900 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation compiles into $127,062 by year five. Five-year ROI reaches 60.75% and total cumulative return in cash sums $92,610. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,224/mo property income covering a $2,251/mo payment, not borrower’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
$902 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07465, Wanaque, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,696 (100%) |
| Owner Occupied HU | 2,141 (79.4%) |
| Renter Occupied HU | 418 (15.5%) |
| Vacant Housing Units | 137 ( 5.1%) |
| Median Home Value | $452,470 |
| Average Home Value | $468,856 |
Housing Distribution
Address Breakdown
Residential
2,654
Single Family
1,872
Multi-Family
782
Businesses
89
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Listed by: Christine Burger • Bhgre Green Team
Mls Name: GSMLS
Mls Provider:
Mls ID: #3941121
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