4 Carl 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
Total monthly income runs $3,716/mo, and a $3,230/mo payment. Purchase price stands at $660,000, and rental yield measures 6.76% with $3,716/mo rent. Return on cash invested shows 14.6% in year one, and 5% annual appreciation builds toward $182,346 over five years. Five-year ROI reaches 75.57% and total cumulative return in cash records $164,097. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,716/mo property income covering a $3,230/mo payment rather than investor’s personal income.
Single Family
Built in 1940
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: Jessica Cooper • Exp Realty, Llc
Mls Name: GSMLS
Mls ID: #3994391