82 Ridge RoadFair HavenNJ07704
Nearby investment properties with comparable rents
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 82 Ridge Road, Fair Haven, NJ, 07704 at $999,999 posts ROI 20.12% with $18/mo cash flow from $7,145/mo rent. Total monthly income equals $7,145/mo, and annual cash flow records $212/yr on $329,000 to close. Return on cash invested measures 20.12% and rental yield reads 8.57% at the current $999,999. Equity gained on principal adds $6,453/yr, and 5% annual appreciation supports $276,281 by year five. Five-year ROI prints 105.2% and total cumulative return in cash totals $346,119.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,145/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1949
0.36 Acres 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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Nearby investment properties with comparable prices
Listed by: Kathleen Gay • Heritage House Sotheby's International Realty
Mls Name: MoreMLS
Mls ID: #22517800