9 Dogwood LaneFair HavenNJ07704
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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
Rental property for sale in Fair Haven at 9 Dogwood Lane, Fair Haven, NJ, 07704 offers $5,167/mo rent that, after a $7,586/mo payment. Total monthly income is $5,167/mo. Return on cash invested measures 6.32% in year one, and rental yield stands at 4% at a $1,550,000 entry. Equity gained on principal adds $10,002/yr while 5% annual appreciation compounds into $428,236 by year five. Five-year ROI records 31.13% and total cumulative return in cash reaches $156,313. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,167/mo property income versus a $7,586/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
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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Listed by: Louise Cosentino • Berkshire Hathaway HomeServices Fox & Roach - Red Bank
Mls Name: MoreMLS
Mls ID: #22526585