224 Fair Haven RoadFair 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 224 Fair Haven Road, Fair Haven, NJ, 07704 generates $5,097/mo in rent, after a $7,337/mo payment. Total monthly income is $5,097/mo. Return on cash invested sits at 6.56% in year one, and rental yield is 4.08% on a $1,499,000 entry. Equity gained on principal adds $9,673/yr, while 5% annual appreciation builds toward $414,146 over five years. Five-year ROI reaches 32.44% and total cumulative return in cash sums $157,569. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,097/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
7,840 sqft 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: Wendy Cambria • O'Brien Realty, LLC
Mls Name: MoreMLS
Mls ID: #22602116