7 Arrowhead DrWantageNJ07461
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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
Rental property for sale in Wantage at 7 Arrowhead Dr, Wantage, NJ, 07461 offers $3,169/mo rent that, after a $1,757/mo payment, leaves $610/mo cash flow. Total monthly income is $3,169/mo, and annual cash flow is $7,323/yr on $119,009 cash. Return on cash invested measures 26.06% in year one, and rental yield stands at 10.59% at a $359,000 entry. Equity gained on principal adds $2,317/yr while 5% annual appreciation compounds into $99,185 by year five. Five-year ROI records 137.11% and total cumulative return in cash reaches $163,171. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,169/mo property income versus a $1,757/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07461, Sussex, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,474 (100%) |
| Owner Occupied HU | 6,001 (70.8%) |
| Renter Occupied HU | 1,313 (15.5%) |
| Vacant Housing Units | 1,160 (13.7%) |
| Median Home Value | $386,225 |
| Average Home Value | $436,301 |
Housing Distribution
Address Breakdown
Residential
7,223
Single Family
7,182
Multi-Family
41
Businesses
331
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Listed by: Alice M Geaney • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4001440