5201 Warrens 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 5201 Warrens Way, Wanaque, NJ, 07465 offers a 9.52% rental yield on a $450,000 purchase with $3,569/mo rent. Total monthly income registers $3,569/mo, and a $2,203/mo payment leaves $361/mo available for distribution. Annual cash flow reaches $4,332/yr on $149,175 to close, and return on cash invested stands at 22.81% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 119.64% and total cumulative return in cash at $178,470. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,569/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
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: Maryanne Elsaesser • Compass New Jersey Llc
Mls Name: GSMLS
Mls ID: #3988953