138 Fern AveLyndhurstNJ07071
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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
Investment property for sale in Lyndhurst at 138 Fern Ave, Lyndhurst, NJ, 07071 with 5% annual appreciation on a $574,000 basis while $3,071/mo rent supports operations. 58% in year one. Equity gained on principal adds $3,704/yr, and five-year appreciation sums $158,586 alongside rental yield of 6.42%. Five-year ROI measures 70.13% and total cumulative return in cash totals $132,429. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,071/mo property income versus a $2,809/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1924
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07071, Lyndhurst, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,583 (100%) |
| Owner Occupied HU | 4,711 (49.2%) |
| Renter Occupied HU | 4,461 (46.6%) |
| Vacant Housing Units | 411 ( 4.3%) |
| Median Home Value | $582,793 |
| Average Home Value | $610,548 |
Housing Distribution
Address Breakdown
Residential
8,345
Single Family
6,512
Multi-Family
1,833
Businesses
852
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Listed by: Kathleen Savino • Coccia Realty Bhgre
Mls Name: GSMLS
Mls ID: #4004723