107 Harrison AvenueFair HavenNJ07704
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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 Fair Haven at 107 Harrison Avenue, Fair Haven, NJ, 07704 offers $7,174/mo rent that, after a $4,870/mo payment, leaves $82/mo cash flow. Total monthly income is $7,174/mo, and annual cash flow is $982/yr on $327,355 cash. Return on cash invested measures 20.36% in year one, and rental yield stands at 8.65% at a $995,000 entry. Equity gained on principal adds $6,421/yr while 5% annual appreciation compounds into $274,900 by year five. Five-year ROI records 106.46% and total cumulative return in cash reaches $348,510. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,174/mo property income versus a $4,870/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1922
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07704, Fair Haven, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,089 (100%) |
| Owner Occupied HU | 1,903 (91.1%) |
| Renter Occupied HU | 109 ( 5.2%) |
| Vacant Housing Units | 77 ( 3.7%) |
| Median Home Value | $947,847 |
| Average Home Value | $1,108,271 |
Housing Distribution
Address Breakdown
Residential
2,073
Single Family
2,073
Multi-Family
0
Businesses
220
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Listed by: Margaret A Falcetano • Heritage House Sotheby's International Realty
Mls Name: MOMLS
Mls Provider:
Mls ID: #22509861
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.