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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 Jersey City at 1 Shore Ln APT 2301, Jersey City, NJ, 07310 offers $8,350/mo rent that, after a $5,702/mo payment. Total monthly income is $8,350/mo. Return on cash invested measures 17.74% in year one, and rental yield stands at 8.6% at a $1,165,000 entry. Equity gained on principal adds $7,518/yr while 5% annual appreciation compounds into $321,868 by year five. Five-year ROI records 93.38% and total cumulative return in cash reaches $352,467. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $8,350/mo property income versus a $5,702/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
$874 monthly HOA
Neighborhood data shown for ZIP Code: 07310, Jersey City, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,714 (100%) |
| Owner Occupied HU | 1,277 (11.9%) |
| Renter Occupied HU | 8,148 (76.1%) |
| Vacant Housing Units | 1,289 (12.0%) |
| Median Home Value | $932,165 |
| Average Home Value | $1,019,580 |
Residential
10,219
Single Family
1,056
Multi-Family
9,163
Businesses
427
Date | Event | Price |
|---|---|---|
| 2024-08-13 | Price change | $1,165,000 |
| 2024-06-14 | Listed for sale | $1,195,000 |
| 2017-06-09 | Sold | $1,070,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $1258.32 | 40.09% | $990,500 | N/A |
| 2022-08-30 | $898.24 | N/A | $990,500 | 1668.75% |
| 2021-08-30 | $898.24 | 4.16% | $56,000 | N/A |
Listed by: Tatiana Wagnerova • COLDWELL BANKER REALTY
Mls Name: HCMLS
Mls ID: #240011495
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.
