123 Shippen StWeehawkenNJ07086
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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 Weehawken at 123 Shippen St, Weehawken, NJ, 07086 with 5% annual appreciation on a $1,113,600 basis while $5,682/mo rent supports operations. 87% in year one. Equity gained on principal adds $7,186/yr, and five-year appreciation sums $307,667 alongside rental yield of 6.12%. Five-year ROI measures 66.24% and total cumulative return in cash totals $238,985. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,682/mo property income versus a $5,451/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1925
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07086, Weehawken, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,374 (100%) |
| Owner Occupied HU | 2,532 (24.4%) |
| Renter Occupied HU | 6,629 (63.9%) |
| Vacant Housing Units | 1,213 (11.7%) |
| Median Home Value | $896,671 |
| Average Home Value | $964,840 |
Housing Distribution
Address Breakdown
Residential
9,121
Single Family
3,188
Multi-Family
5,933
Businesses
271
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Listed by: N/A • N/A
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