10 Huron Ave APT 2BJersey CityNJ07306
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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 Jersey City at 10 Huron Ave APT 2B, Jersey City, NJ, 07306 offers $2,392/mo rent that, after a $1,224/mo payment, leaves $610/mo cash flow. Total monthly income is $2,392/mo, and annual cash flow is $7,316/yr on $82,875 cash. Return on cash invested measures 28.74% in year one, and rental yield stands at 11.48% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 151.43% and total cumulative return in cash reaches $125,494. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,392/mo property income versus a $1,224/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
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07306, Jersey City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,781 (100%) |
| Owner Occupied HU | 5,055 (17.6%) |
| Renter Occupied HU | 19,877 (69.1%) |
| Vacant Housing Units | 3,849 (13.4%) |
| Median Home Value | $612,577 |
| Average Home Value | $651,621 |
Housing Distribution
Address Breakdown
Residential
24,144
Single Family
9,038
Multi-Family
15,106
Businesses
1,831
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Listed by: DOMENIQUE TOZZO-RULE • NJ REAL ESTATE BOUTIQUE LLC
Mls Name: HCMLS
Mls ID: #250011777
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.