45 Maplewood AveWayneNJ07470
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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 Wayne at 45 Maplewood Ave, Wayne, NJ, 07470 priced at $599,900 pairs $4,594/mo rent with $318/mo cash flow after a $2,936/mo payment. Total monthly income equals $4,594/mo, and annual cash flow comes to $3,819/yr on $197,367 invested. Return on cash invested is 22% in year one, and rental yield stands at 9.19% on a $599,900 basis. Equity gained on principal adds $3,871/yr, and 5% annual appreciation accumulates to $165,741 by year five. Five-year ROI measures 115.25% and total cumulative return in cash reaches $227,464. For financing, Ziffy Mortgage’s DSCR program evaluates $4,594/mo property income against a $2,936/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
5,227 sqft 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: Claudine M. Tahan • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3987742