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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Fair Haven at 81 Chestnut Street, Fair Haven, NJ, 07704 offers $4,844/mo rent that, after a $8,316/mo payment. Total monthly income is $4,844/mo. Return on cash invested measures 4.53% in year one, and rental yield stands at 3.42% at a $1,699,000 entry. Equity gained on principal adds $10,963/yr while 5% annual appreciation compounds into $469,402 by year five. Five-year ROI records 21.53% and total cumulative return in cash reaches $118,541. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,844/mo property income versus a $8,316/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07704, Fair Haven, NJ area.
| 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 |
Residential
2,073
Single Family
2,073
Multi-Family
0
Businesses
220
Date | Event | Price |
|---|---|---|
| 2025-04-10 | Listed for sale | $1,699,000 |
| 2017-07-21 | Sold | $465,000 |
| 2017-06-30 | Pending sale | $470,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-10 | $12435.09 | 7.40% | $846,500 | 15.08% |
| 2023-04-10 | $11578.34 | 5.05% | $735,600 | 13.99% |
| 2022-04-10 | $11021.72 | 19.91% | $645,300 | 30.23% |
Listed by: Mario Venancio • Berkshire Hathaway HomeServices Fox & Roach - Rumson
Mls Name: MOMLS
Mls Provider:
Mls ID: #22510091
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
