6 Fairview DrNorth CaldwellNJ07006
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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 North Caldwell at 6 Fairview Dr, North Caldwell, NJ, 07006 offers $7,040/mo rent that, after a $8,120/mo payment. Total monthly income is $7,040/mo. Return on cash invested measures 9.69% in year one, and rental yield stands at 5.09% at a $1,659,000 entry. Equity gained on principal adds $10,705/yr while 5% annual appreciation compounds into $458,351 by year five. Five-year ROI records 49.18% and total cumulative return in cash reaches $264,371. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,040/mo property income versus a $8,120/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07006, Caldwell, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,270 (100%) |
| Owner Occupied HU | 7,543 (73.4%) |
| Renter Occupied HU | 2,341 (22.8%) |
| Vacant Housing Units | 386 ( 3.8%) |
| Median Home Value | $716,642 |
| Average Home Value | $793,495 |
Housing Distribution
Address Breakdown
Residential
10,103
Single Family
8,805
Multi-Family
1,298
Businesses
870
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Listed by: N/A • N/A
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