32 Litchfield Ln #403Fair LawnNJ07410
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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
Investment property for sale in Fair Lawn at 32 Litchfield Ln #403, Fair Lawn, NJ, 07410 offers a 5.85% rental yield on a $798,000 purchase with $3,888/mo rent. 83% in year one. Equity gained on principal adds $5,149/yr while 5% annual appreciation supports $220,473 over five years. Portfolio math shows five-year ROI at 60.74% and total cumulative return in cash at $159,460. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,888/mo property income against a $3,906/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07410, Fair Lawn, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,957 (100%) |
| Owner Occupied HU | 9,687 (74.8%) |
| Renter Occupied HU | 2,888 (22.3%) |
| Vacant Housing Units | 382 ( 2.9%) |
| Median Home Value | $602,198 |
| Average Home Value | $624,617 |
Housing Distribution
Address Breakdown
Residential
12,541
Single Family
12,140
Multi-Family
401
Businesses
1,187
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Listed by: Susan Bai • Keller Williams Village Square Realty
Mls Name: NJMLS
Mls ID: #26000459