20 West DrFairfieldNJ07004
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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 Fairfield at 20 West Dr, Fairfield, NJ, 07004 priced at $1,489,900 pairs $6,103/mo rent with after a $7,292/mo payment. Total monthly income equals $6,103/mo. Return on cash invested is 9.14% in year one, and rental yield stands at 4.92% on a $1,489,900 basis. Equity gained on principal adds $9,614/yr, and 5% annual appreciation accumulates to $411,632 by year five. Five-year ROI measures 46.27% and total cumulative return in cash reaches $223,364. For financing, Ziffy Mortgage’s DSCR program evaluates $6,103/mo property income against a $7,292/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07004, Fairfield, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,795 (100%) |
| Owner Occupied HU | 2,362 (84.5%) |
| Renter Occupied HU | 369 (13.2%) |
| Vacant Housing Units | 64 ( 2.3%) |
| Median Home Value | $674,494 |
| Average Home Value | $709,962 |
Housing Distribution
Address Breakdown
Residential
3,001
Single Family
3,001
Multi-Family
0
Businesses
1,717
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Listed by: Michael Lattimer • Lattimer Realty
Mls Name: GSMLS
Mls ID: #4003025