15 Broadway #202BayonneNJ07002
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
Investment Highlights
Investment property for sale in Bayonne at 15 Broadway #202, Bayonne, NJ, 07002 listed at $239,999 pairs $2,336/mo rent with a $1,175/mo payment to leave $625/mo cash flow. Total monthly income runs $2,336/mo, and annual cash flow reaches $7,500/yr on $79,560 cash to close. Return on cash invested measures 29.34% in year one, and rental yield registers 11.68% at a $239,999 basis. Equity gained on principal adds $1,549/yr, and annual property appreciation at 5% supports $66,307 by year five. Five-year ROI tracks 154.62% and total cumulative return in cash totals $123,014. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,336/mo property income relative to a $1,175/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
27,450
Single Family
16,572
Multi-Family
10,878
Businesses
1,590
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: BESMIR VATOCI • CORCORAN INFINITY PROPERTIES
Mls Name: HCMLS
Mls ID: #250019604