90 Weinmanns BlvdWayneNJ07470
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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 Wayne at 90 Weinmanns Blvd, Wayne, NJ, 07470 priced at $799,900 pairs $5,840/mo rent with $139/mo cash flow after a $3,915/mo payment. Total monthly income equals $5,840/mo, and annual cash flow comes to $1,663/yr on $263,167 invested. Return on cash invested is 20.69% in year one, and rental yield stands at 8.76% on a $799,900 basis. Equity gained on principal adds $5,162/yr, and 5% annual appreciation accumulates to $220,998 by year five. Five-year ROI measures 108.25% and total cumulative return in cash reaches $284,880. For financing, Ziffy Mortgage’s DSCR program evaluates $5,840/mo property income against a $3,915/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1908
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07470, Wayne, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,128 (100%) |
| Owner Occupied HU | 14,851 (77.6%) |
| Renter Occupied HU | 3,702 (19.4%) |
| Vacant Housing Units | 575 ( 3.0%) |
| Median Home Value | $626,892 |
| Average Home Value | $645,853 |
Housing Distribution
Address Breakdown
Residential
19,226
Single Family
17,362
Multi-Family
1,864
Businesses
1,742
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Listed by: Rosanna Verrone Morse • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3989933