1707 Burnet Ave, Union, NJ, 07083 | 7.62% Rental Yield

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1707 Burnet Ave, Union, NJ, 07083 | 7.62% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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1083 Burnet Ave, Union, NJ, 07083

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

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Investment Highlights

Investment property for sale in Union at 1707 Burnet Ave, Union, NJ, 07083 with 5% annual appreciation on a $649,000 basis while $4,121/mo rent supports operations. 22% in year one. Equity gained on principal adds $4,188/yr, and five-year appreciation sums $179,307 alongside rental yield of 7.62%. Five-year ROI measures 89.63% and total cumulative return in cash totals $191,388. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,121/mo property income versus a $3,177/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1957

5,662 sqft lot

$N/A/sqft

No HOA

More details about the property

Fresh, bright, and newly renovated in the friendly Burnet neighborhood, this spacious split-level gives everyone a place of their own. Sunlit living and dining spaces flow into a crisp, modern kitchen with a center island, stainless appliances, and sliders to the deck waiting for you to enjoy your morning coffee while overlooking the fully fenced backyard under the shade of mature trees. The flexible lower level hosts two bedrooms plus a full bath and a convenient powder room, set up for residents, guests, or a quiet office. Upstairs, three additional bedrooms share a beautifully updated full bath, while the top floor is all about the private retreat: a generous primary bedroom suite with a WIC and a sleek en-suite bathroom. The finished basement adds easy everyday living with a large rec room, a dedicated laundry area, and a separate utility room. Outside, enjoy an easy-care yard with room to play, garden, and entertain on the deck. Recessed lighting, fresh flooring, and thoughtful finishes throughout make this home truly move-in ready. All of this in a super convenient location close to local bus stops and just minutes to Rt 78 for quick commuting to everywhere you want to be.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07083, Union, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,858 (100%)
Owner Occupied HU	14,421 (66.0%)
Renter Occupied HU	6,528 (29.9%)
Vacant Housing Units	909 ( 4.2%)
Median Home Value	$481,353
Average Home Value	$534,432