7 Rutgers DriveFair HavenNJ07704
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Nearby investment properties with comparable prices
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 Fair Haven at 7 Rutgers Drive, Fair Haven, NJ, 07704 listed at $974,900 pairs $6,004/mo rent with a $4,772/mo payment. Total monthly income runs $6,004/mo. Return on cash invested measures 16.52% in year one, and rental yield registers 7.39% at a $974,900 basis. Equity gained on principal adds $6,291/yr, and annual property appreciation at 5% supports $269,347 by year five. Five-year ROI tracks 85.9% and total cumulative return in cash totals $275,503. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,004/mo property income relative to a $4,772/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
10,018 sqft 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: Scott T Gilbert • O'Brien Realty, LLC
Mls Name: MoreMLS
Mls ID: #22602521