408 Fairview AveMiddlesexNJ08846
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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 $4,178/mo, and a $2,937/mo payment. Purchase price stands at $600,000, and rental yield measures 8.36% with $4,178/mo rent. Return on cash invested shows 19.46% in year one, and 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 101.62% and total cumulative return in cash records $200,604. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,178/mo property income covering a $2,937/mo payment rather than investor’s personal income.
Single Family
Built in 1945
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08846, Middlesex, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,620 (100%) |
| Owner Occupied HU | 3,793 (67.5%) |
| Renter Occupied HU | 1,660 (29.5%) |
| Vacant Housing Units | 167 ( 3.0%) |
| Median Home Value | $455,549 |
| Average Home Value | $512,040 |
Housing Distribution
Address Breakdown
Residential
5,466
Single Family
5,024
Multi-Family
442
Businesses
699
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Listed by: ANTHONY J. GONZALEZ • REDFIN CORPORATION
Mls Name: All Jersey MLS
Mls ID: #2661086M