584 Lehigh Ave, Union, NJ, 07083 | 7.96% Rental Yield

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584 Lehigh Ave, Union, NJ, 07083 | 7.96% Rental Yield | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Union at 584 Lehigh Ave, Union, NJ, 07083 at $629,999 posts ROI 18.25% with from $4,178/mo rent. Total monthly income equals $4,178/mo. Return on cash invested measures 18.25% and rental yield reads 7.96% at the current $629,999. Equity gained on principal adds $4,065/yr, and 5% annual appreciation supports $174,057 by year five. Five-year ROI prints 95.13% and total cumulative return in cash totals $197,182. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,178/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1957

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautiful Split-Level Home with 5 bedrooms, 2 full baths and 1 half bath. The first floor features Living/Dining room with bay window, refinished hardwood floors and kitchen. A few steps up leads to the second level with 3 bedrooms and 1 full bath. The third floor features the primary bedroom with lots of closet space, 1 other bedroom and 1 full bath. A cosy den can be found on the ground level with powder room, inside entrance to garage and access to backyard. A few steps down is the finished basement featuring a dry bar, recreation area, laundry and utility room. This house also has Central Air and Multi Zone heating. Wall A/C as-is. Close to Kean University and NJ Transit train to New York.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07083, Union, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,858 (100%)
Owner Occupied HU	14,421 (66.0%)
Renter Occupied HU	6,528 (29.9%)
Vacant Housing Units	909 ( 4.2%)
Median Home Value	$481,353
Average Home Value	$534,432