11 Bayside DrBayonneNJ07002
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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 Bayonne at 11 Bayside Dr, Bayonne, NJ, 07002 priced at $749,999 pairs $2,640/mo rent with after a $3,671/mo payment. Total monthly income equals $2,640/mo. Return on cash invested is 6.9% in year one, and rental yield stands at 4.22% on a $749,999 basis. Equity gained on principal adds $4,840/yr, and 5% annual appreciation accumulates to $207,211 by year five. Five-year ROI measures 34.28% and total cumulative return in cash reaches $84,581. For financing, Ziffy Mortgage’s DSCR program evaluates $2,640/mo property income against a $3,671/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07002, Bayonne, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,613 (100%) |
| Owner Occupied HU | 10,099 (31.0%) |
| Renter Occupied HU | 19,657 (60.3%) |
| Vacant Housing Units | 2,857 ( 8.8%) |
| Median Home Value | $518,170 |
| Average Home Value | $570,338 |
Housing Distribution
Address Breakdown
Residential
27,450
Single Family
16,572
Multi-Family
10,878
Businesses
1,590
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Listed by: Maria Waller • Weichert Realtors, Fort Lee
Mls Name: NJMLS
Mls ID: #26001144