144 1st St #8MJersey CityNJ07302
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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 Jersey City at 144 1st St #8M, Jersey City, NJ, 07302 at $1,703,100 posts ROI 9% with from $6,911/mo rent. Total monthly income equals $6,911/mo. Return on cash invested measures 9% and rental yield reads 4.87% at the current $1,703,100. Equity gained on principal adds $10,990/yr, and 5% annual appreciation supports $470,535 by year five. Five-year ROI prints 45.5% and total cumulative return in cash totals $251,084. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,911/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07302, Jersey City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 36,585 (100%) |
| Owner Occupied HU | 7,643 (20.9%) |
| Renter Occupied HU | 25,548 (69.8%) |
| Vacant Housing Units | 3,394 ( 9.3%) |
| Median Home Value | $917,452 |
| Average Home Value | $1,017,181 |
Housing Distribution
Address Breakdown
Residential
33,591
Single Family
6,688
Multi-Family
26,903
Businesses
1,293
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Listed by: N/A • N/A
Mls Name: Nest Seekers International
Mls ID: #3641580