219 7th StFairviewNJ07022
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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 Fairview at 219 7th St, Fairview, NJ, 07022 generates $4,178/mo in rent, after a $3,568/mo payment. Total monthly income is $4,178/mo. Return on cash invested sits at 14.97% in year one, and rental yield is 6.88% on a $729,000 entry. Equity gained on principal adds $4,704/yr, while 5% annual appreciation builds toward $201,409 over five years. Five-year ROI reaches 77.54% and total cumulative return in cash sums $185,964. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,178/mo property income rather than buyer’s personal income.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07022, Fairview, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,575 (100%) |
| Owner Occupied HU | 1,702 (30.5%) |
| Renter Occupied HU | 3,605 (64.7%) |
| Vacant Housing Units | 268 ( 4.8%) |
| Median Home Value | $591,262 |
| Average Home Value | $597,604 |
Housing Distribution
Address Breakdown
Residential
5,064
Single Family
3,803
Multi-Family
1,261
Businesses
488
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Listed by: JUNIO FERMIN • HP PROPERTIES
Mls Name: HCMLS
Mls ID: #250018742