129 Willow Ave APT 5RHobokenNJ07030
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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 Hoboken at 129 Willow Ave APT 5R, Hoboken, NJ, 07030 earns from $3,605/mo rent with a $3,035/mo payment. Total monthly income totals $3,605/mo. ROI tracks 15.27% on current figures, and rental yield reads 6.98% at a $619,999 purchase. Equity gained on principal adds $4,001/yr, and 5% annual appreciation supports $171,294 over five years. Five-year ROI reaches 79.17% and total cumulative return in cash sums $161,499. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,605/mo property income instead of your personal income.
Condo
Built in 1920
670.82 sqft lot
$N/A/sqft
No 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
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Listed by: CHRISTINE BURKE • BEST REALTY
Mls Name: All Jersey MLS
Mls ID: #2515807R