229 6th St UNIT A, Fairview, NJ, 07022 | 4.38% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

229 6th St UNIT A, Fairview, NJ, 07022 | 4.38% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
3 Bath
- sft

1202 Pointe Gate Dr, Livingston, NJ, 07039

2 Bed
3 Bath
- sft

48 Clarken Dr #243, West Orange, NJ, 07052

2 Bed
1 Bath
- sft

10 E Smith Manor Blvd #409, West Orange, NJ, 07052

2 Bed
4 Bath
1668 sft

1107 Pointe Gate Dr BLDG 1 #1107, Livingston, NJ, 07039

Nearby investment properties with comparable prices

2 Bed
2 Bath
1280 sft

22 Avenue At Port Imperial APT 522, West New York, NJ, 07093

4 Bed
4 Bath
- sft

43 Crystal Ave, West Orange, NJ, 07052

2 Bed
2 Bath
1055 sft

263 Grand St #B, Jersey City, NJ, 07302

Rental Income+ 1 more

8 Bed
3 Bath
- sft

53 Condict St, Jersey City, NJ, 07306

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $3,240/mo, and a $4,346/mo payment. Purchase price stands at $887,900, and rental yield measures 4.38% with $3,240/mo rent. Return on cash invested shows 7.37% in year one, and 5% annual appreciation builds toward $245,310 over five years. Five-year ROI reaches 36.82% and total cumulative return in cash records $107,573. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,240/mo property income covering a $4,346/mo payment rather than investor’s personal income.

Townhouse

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming three-bedroom, three-bathroom townhouse offers a perfect blend of comfort and style. The exterior features a modern style with large windows, and tasteful landscaping. Upon entering, you're welcomed by an open-concept living space with natural light streaming through, creating a warm and airy atmosphere. The spacious living room flows seamlessly with the dining area ideal for family meals or entertaining, and follows a modern and contemporary kitchen equipped with sleek cabinetry, granite countertops, stainless steel appliances, and a convenient breakfast island. Upstairs, the townhouse boasts three comfortable bedrooms. The master suite is a private retreat with an en-suite bathroom featuring a stand up shower, soaking tub, and elegant fixtures. The other two bedrooms are generously sized with ample closet space and share well-appointed bathrooms, designed with modern finishes. Additional highlights include in-unit laundry, hardwood floors throughout the main living areas, central heating and cooling, and a private garage. The ground floor is perfect for entertainment or family room. The townhouse also include a small backyard perfect for outdoor gatherings or relaxation. A must see unit

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