1100 Maxwell Ln UNIT 215HobokenNJ07030
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
Rental property for sale in Hoboken at 1100 Maxwell Ln UNIT 215, Hoboken, NJ, 07030 generates $5,454/mo in rent and, after a $3,270/mo payment, leaves $625/mo in cash flow. Total monthly income is $5,454/mo, and annual cash flow is $7,502/yr on $219,772 invested. Return on cash invested sits at 23.47% in year one, and rental yield is 9.8% on a $668,000 entry. Equity gained on principal adds $4,311/yr, while 5% annual appreciation builds toward $184,556 over five years. Five-year ROI reaches 123.31% and total cumulative return in cash sums $271,009. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,454/mo property income rather than buyer’s personal income.
Apartment
Built in 2015
0.39 Acres lot
$N/A/sqft
$67 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07030, Hoboken, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,308 (100%) |
| Owner Occupied HU | 9,103 (30.0%) |
| Renter Occupied HU | 19,036 (62.8%) |
| Vacant Housing Units | 2,169 ( 7.2%) |
| Median Home Value | $909,971 |
| Average Home Value | $1,031,969 |
Housing Distribution
Address Breakdown
Residential
29,540
Single Family
2,996
Multi-Family
26,544
Businesses
2,139
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A