511 Four Seasons Dr BLDG 5 #511WayneNJ07470
Nearby investment properties with comparable rents
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 511 Four Seasons Dr BLDG 5 #511, Wayne, NJ, 07470 earns from $3,238/mo rent with a $2,668/mo payment. Total monthly income totals $3,238/mo. ROI tracks 15.73% on current figures, and rental yield reads 7.13% at a $545,000 purchase. Equity gained on principal adds $3,517/yr, and 5% annual appreciation supports $150,573 over five years. Five-year ROI reaches 81.64% and total cumulative return in cash sums $146,376. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,238/mo property income instead of your personal income.
Condo
Built in 1999
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eileen B. Fernand • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4003786