56 Woodland DriveFair 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 56 Woodland Drive, Fair Haven, NJ, 07704 offers $6,126/mo rent that, after a $6,358/mo payment. Total monthly income is $6,126/mo. Return on cash invested measures 11.44% in year one, and rental yield stands at 5.66% at a $1,299,000 entry. Equity gained on principal adds $8,382/yr while 5% annual appreciation compounds into $358,890 by year five. Five-year ROI records 58.57% and total cumulative return in cash reaches $246,493. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,126/mo property income versus a $6,358/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.39 Acres 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: Monica Reddin • C21 Thomson & Co.
Mls Name: MoreMLS
Mls ID: #22602522