13 Meadow St, Bayonne, NJ, 07002 | 4.94% Rental Yield

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13 Meadow St, Bayonne, NJ, 07002 | 4.94% Rental Yield | Ziffy

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bayonne at 13 Meadow St, Bayonne, NJ, 07002 offers a 4.94% rental yield on a $680,000 purchase with $2,798/mo rent. 07% in year one. Equity gained on principal adds $4,388/yr while 5% annual appreciation supports $187,871 over five years. Portfolio math shows five-year ROI at 45.94% and total cumulative return in cash at $102,780. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,798/mo property income against a $3,328/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this well-maintained two-family home perfectly situated in the heart of Bayonne! Whether youre looking to live in one unit and rent out the other or add a strong asset to your investment portfolio, this property offers exceptional flexibility and income potential. The first-floor unit is vacant, making it ideal for an owner-occupant ready to move right in or for a new tenant at market rent. Each unit features a spacious layout with bright living areas, sizable bedrooms, and an eat-in kitchenperfect for comfortable everyday living. The second-floor unit is currently occupied, providing instant rental income from day one. Additional highlights include: Private backyard perfect for outdoor entertaining or gardening Separate utilities for convenience and efficiency Prime location near light rail, schools, parks, shopping, and major highways This is your chance to own a versatile two-family home in one of Bayonnes most desirable neighborhoods. Live comfortably while your tenant helps pay the mortgage! Dont miss this opportunity schedule your showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 07002, Bayonne, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	32,613 (100%)
Owner Occupied HU	10,099 (31.0%)
Renter Occupied HU	19,657 (60.3%)
Vacant Housing Units	2,857 ( 8.8%)
Median Home Value	$518,170
Average Home Value	$570,338