43 Flagstone Hill RdWantageNJ07461
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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 Wantage at 43 Flagstone Hill Rd, Wantage, NJ, 07461 uses $36,134 cash to close to unlock $36,235/yr annual cash flow and $3,020/mo monthly cash flow. Total monthly income runs $3,797/mo, and a $534/mo payment keeps the spread at $3,020/mo. Purchase price stands at $109,000, and rental yield measures 41.8% with $3,797/mo rent. Return on cash invested shows 120.19% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 641.88% and total cumulative return in cash records $231,934. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,797/mo property income covering a $534/mo payment rather than investor’s personal income.
Lot
Built in N/A
1.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07461, Sussex, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,474 (100%) |
| Owner Occupied HU | 6,001 (70.8%) |
| Renter Occupied HU | 1,313 (15.5%) |
| Vacant Housing Units | 1,160 (13.7%) |
| Median Home Value | $386,225 |
| Average Home Value | $436,301 |
Housing Distribution
Address Breakdown
Residential
7,223
Single Family
7,182
Multi-Family
41
Businesses
331
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Listed by: Steven Rosal • Realty Executives Mountain Prop.
Mls Name: GSMLS
Mls Provider:
Mls ID: #3891054
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