126 Delaware Ave UNIT 4Jersey CityNJ07306
INVESTMENT ANALYSIS
Investment Verdict
Solid Income126 Delaware Ave UNIT 4, Jersey City, NJ, 07306 in Jersey City carries a 1.56 coverage ratio, rent of $3,545/mo is 1.56 times the $2,271/mo payment. Rental yield 8.42%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $505,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $139,522; total projected cumulative return: $190,057.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 5.1% |
| Monthly Cash Flow | $(55) | $1,850 |
City averages based on Jersey City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,545 |
| Total Monthly Debt Service | $3,399 |
| DSCR Ratio | 1.04x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LILLY SHAMAM • KELLER WILLIAMS EAST MONMOUTH
Mls Name: HCMLS
Mls ID: #250016544