607 S 1st Ave, Highland Park, NJ, 08904 | 5.18% Rental Yield

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607 S 1st Ave, Highland Park, NJ, 08904 | 5.18% Rental Yield | Ziffy

For Sale

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 Highland Park at 607 S 1st Ave, Highland Park, NJ, 08904 offers a 5.18% rental yield on a $830,000 purchase with $3,580/mo rent. 8% in year one. Equity gained on principal adds $5,356/yr while 5% annual appreciation supports $229,314 over five years. Portfolio math shows five-year ROI at 49.82% and total cumulative return in cash at $136,050. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,580/mo property income against a $4,062/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1928

7,501 sqft lot

$N/A/sqft

No HOA

More details about the property

Showings start Friday 11/21. This home has been fully updated and is ready for you to move right in! Featuring 5 spacious BR and 3.5 BA, the property sits just blocks from Donaldson Park in a sought-after South-side Highland Park location. The first floor boasts the complete living package: beautiful foyer overlooking a tree-lined street, classic living room, large den on the side with bright windows on 3 sides, a family/sunroom leading to the backyard, formal dining room, beautiful kitchen, and a well-placed half bathroom. Upstairs, on the 2nd floor, you'll find 4 sizable bedrooms and 2 full baths; the owner's bedroom features an ensuite as well as walk-in cedar closet. A fully finished 3rd floor offers bright sunny space while the fully finished basement includes a private office, exercise room, rec room, storage, laundry facilities, and a full bath. Additional amenities include hardwood floors, a detached garage, a private fenced backyard, and a multi-car driveway! The home is also close to Rutgers University, downtown New Brunswick, the New Jersey Turnpike and I-287. Additionally, it is just 1.3 miles from the NJ Transit station.