116 71st St APT 5GuttenbergNJ07093
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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
Investment property for sale in Guttenberg at 116 71st St APT 5, Guttenberg, NJ, 07093 listed at $315,000 pairs $2,353/mo rent with a $1,542/mo payment to leave $108/mo cash flow. Total monthly income runs $2,353/mo, and annual cash flow reaches $1,290/yr on $104,423 cash to close. Return on cash invested measures 21.14% in year one, and rental yield registers 8.96% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 110.72% and total cumulative return in cash totals $115,613. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,353/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07093, West New York, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,378 (100%) |
| Owner Occupied HU | 5,004 (19.0%) |
| Renter Occupied HU | 19,734 (74.8%) |
| Vacant Housing Units | 1,640 ( 6.2%) |
| Median Home Value | $596,289 |
| Average Home Value | $628,701 |
Housing Distribution
Address Breakdown
Residential
25,301
Single Family
6,081
Multi-Family
19,220
Businesses
1,609
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Listed by: MICHAEL BARTOL • EXP REALTY LLC
Mls Name: HCMLS
Mls ID: #250025199