48 Willow 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
Investment property for sale in Wanaque at 48 Willow Way, Wanaque, NJ, 07465 with 5% annual appreciation on a $589,000 basis while $4,306/mo rent supports operations. Total monthly income totals $4,306/mo and a $2,883/mo payment preserves $108/mo for cash returns. Annual cash flow comes to $1,291/yr on $193,781 deployed, and return on cash invested reaches 20.73% in year one. Equity gained on principal adds $3,801/yr, and five-year appreciation sums $162,730 alongside rental yield of 8.77%. Five-year ROI measures 108.44% and total cumulative return in cash totals $210,134.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,306/mo property income versus a $2,883/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1969
N/A lot
$N/A/sqft
No 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: Rosemary Thompson • Bhgre Green Team
Mls Name: GSMLS
Mls ID: #3996594