70 Alpine RdWantageNJ07461
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 Wantage at 70 Alpine Rd, Wantage, NJ, 07461 offers a 9.52% rental yield on a $379,900 purchase with $3,013/mo rent. Total monthly income registers $3,013/mo, and a $1,859/mo payment leaves $306/mo available for distribution. Annual cash flow reaches $3,667/yr on $125,937 to close, and return on cash invested stands at 22.82% in year one. Equity gained on principal adds $2,451/yr while 5% annual appreciation supports $104,959 over five years. Portfolio math shows five-year ROI at 119.69% and total cumulative return in cash at $150,737. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,013/mo property income against a $1,859/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.38 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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Nearby investment properties with comparable prices
Listed by: Elizabeth Sweeny • Weichert Realtors
Mls Name: GSMLS
Mls Provider:
Mls ID: #3955369
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