157 Virginia AveJersey CityNJ07304
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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 157 Virginia Ave, Jersey City, NJ, 07304 earns from $2,938/mo rent with a $3,666/mo payment. Total monthly income totals $2,938/mo. ROI tracks 8.37% on current figures, and rental yield reads 4.71% at a $748,999 purchase. Equity gained on principal adds $4,833/yr, and 5% annual appreciation supports $206,935 over five years. Five-year ROI reaches 42.17% and total cumulative return in cash sums $103,923. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,938/mo property income instead of your personal income.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07304, Jersey City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,319 (100%) |
| Owner Occupied HU | 4,471 (20.0%) |
| Renter Occupied HU | 15,345 (68.8%) |
| Vacant Housing Units | 2,503 (11.2%) |
| Median Home Value | $571,772 |
| Average Home Value | $619,563 |
Housing Distribution
Address Breakdown
Residential
20,282
Single Family
9,517
Multi-Family
10,765
Businesses
1,035
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Listed by: SURAJ SHARMA • REALTY OF AMERICA LLC
Mls Name: HCMLS
Mls ID: #250024949