419 Ratzer RdWayneNJ07470
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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 419 Ratzer Rd, Wayne, NJ, 07470 offers a 7.85% rental yield on a $940,700 purchase with $6,151/mo rent. 91% in year one. Equity gained on principal adds $6,070/yr while 5% annual appreciation supports $259,898 over five years. Portfolio math shows five-year ROI at 93.35% and total cumulative return in cash at $288,910. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,151/mo property income against a $4,604/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 1973
N/A lot
$N/A/sqft
No 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A