689 Probst AveFairviewNJ07022
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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
Investment property for sale in Fairview at 689 Probst Ave, Fairview, NJ, 07022 with 5% annual appreciation on a $499,999 basis while $3,154/mo rent supports operations. 94% in year one. Equity gained on principal adds $3,226/yr, and five-year appreciation sums $138,141 alongside rental yield of 7.57%. Five-year ROI measures 88.18% and total cumulative return in cash totals $146,155. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,154/mo property income versus a $2,447/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1932
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07022, Fairview, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,575 (100%) |
| Owner Occupied HU | 1,702 (30.5%) |
| Renter Occupied HU | 3,605 (64.7%) |
| Vacant Housing Units | 268 ( 4.8%) |
| Median Home Value | $591,262 |
| Average Home Value | $597,604 |
Housing Distribution
Address Breakdown
Residential
5,064
Single Family
3,803
Multi-Family
1,261
Businesses
488
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Listed by: Austin G. Roberts • Realty Executives Exceptional
Mls Name: GSMLS
Mls ID: #3973355