6 Sherry CtWayneNJ07470
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
Total monthly income runs $3,172/mo, and a $5,526/mo payment. Purchase price stands at $1,129,000, and rental yield measures 3.37% with $3,172/mo rent. Return on cash invested shows 4.38% in year one, and 5% annual appreciation builds toward $311,922 over five years. Five-year ROI reaches 20.71% and total cumulative return in cash records $75,760. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,172/mo property income covering a $5,526/mo payment rather than investor’s personal income.
Single Family
Built in 1995
0.35 Acres 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: Joseph Simone • Howard Hanna Rand Realty
Mls Name: GSMLS
Mls ID: #3998746