748 UpperwayWhartonNJ07885
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
Rental property for sale in Wharton at 748 Upperway, Wharton, NJ, 07885 priced at $409,000 converts $3,760/mo rent into $845/mo cash flow after a $2,002/mo obligation. Total monthly income equals $3,760/mo, and annual cash flow totals $10,135/yr on $135,584 invested. Return on cash invested prints 27.38% in year one, and rental yield reads 11.03% against a $409,000 entry. Equity gained on principal adds $2,639/yr, while 5% annual appreciation compiles into $112,999 by year five. Five-year ROI reaches 144.17% and total cumulative return in cash sums $195,477. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,760/mo property income covering a $2,002/mo payment, not borrower’s personal income.
Townhouse
Built in 1999
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07885, Wharton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,971 (100%) |
| Owner Occupied HU | 3,052 (61.4%) |
| Renter Occupied HU | 1,587 (31.9%) |
| Vacant Housing Units | 332 ( 6.7%) |
| Median Home Value | $417,827 |
| Average Home Value | $454,671 |
Housing Distribution
Address Breakdown
Residential
5,595
Single Family
4,794
Multi-Family
801
Businesses
309
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Listed by: Orie Fischetti • Re/Max Town & Valley Ii
Mls Name: GSMLS
Mls ID: #4006663