7 Dock AvenueWaretownNJ08758
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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 Waretown at 7 Dock Avenue, Waretown, NJ, 08758 with 5% annual appreciation on a $649,900 basis while $2,896/mo rent supports operations. 31% in year one. Equity gained on principal adds $4,194/yr, and five-year appreciation sums $179,555 alongside rental yield of 5.35%. Five-year ROI measures 52.6% and total cumulative return in cash totals $112,470. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,896/mo property income versus a $3,181/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08758, Waretown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,118 (100%) |
| Owner Occupied HU | 3,057 (74.2%) |
| Renter Occupied HU | 496 (12.0%) |
| Vacant Housing Units | 565 (13.7%) |
| Median Home Value | $566,761 |
| Average Home Value | $599,940 |
Housing Distribution
Address Breakdown
Residential
4,019
Single Family
3,942
Multi-Family
77
Businesses
156
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Listed by: Gabriela Flanagan • RE/MAX Revolution
Mls Name: MOMLS
Mls Provider:
Mls ID: #22511593
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.