86 Crigger RdWantageNJ07461
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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
Rental property for sale in Wantage at 86 Crigger Rd, Wantage, NJ, 07461 priced at $1,100,000 converts $6,667/mo rent into after a $5,384/mo obligation. Total monthly income equals $6,667/mo. Return on cash invested prints 16.42% in year one, and rental yield reads 7.27% against a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation compiles into $303,910 by year five. Five-year ROI reaches 85.29% and total cumulative return in cash sums $303,979. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,667/mo property income covering a $5,384/mo payment, not borrower’s personal income.
Single Family
Built in 1994
13.21 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: Lori Intoccia • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3927965
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