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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in North Bergen at 15B Riverview Cir #15B, North Bergen, NJ, 07047 generates $9,024/mo in rent and, after a $5,629/mo payment, leaves $827/mo in cash flow. Total monthly income is $9,024/mo, and annual cash flow is $9,920/yr on $372,600 invested. Return on cash invested sits at 23.03% in year one, and rental yield is 9.42% on a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 120.75% and total cumulative return in cash sums $449,925. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,024/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07047, North Bergen, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,098 (100%) |
| Owner Occupied HU | 9,447 (34.9%) |
| Renter Occupied HU | 15,608 (57.6%) |
| Vacant Housing Units | 2,043 ( 7.5%) |
| Median Home Value | $564,058 |
| Average Home Value | $608,904 |
Residential
22,031
Single Family
11,474
Multi-Family
10,557
Businesses
1,458
Date | Event | Price |
|---|---|---|
| 2024-08-21 | Listed for sale | $1,150,000 |
| 2024-07-13 | Listing removed | N/A |
| 2024-06-03 | Price change | $8,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-10-16 | $13799.66 | 1.60% | $241,000 | N/A |
| 2019-10-16 | $13582.76 | 1.90% | $241,000 | N/A |
| 2018-10-16 | $13329.72 | 87.27% | $241,000 | 85.10% |
Listed by: Guirguis Tadros • COLDWELL BANKER RESIDENTIAL BROKERAGE
Mls Name: HCMLS
Mls ID: #240016467
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
