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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 Hoboken at 160 2nd St APT 2, Hoboken, NJ, 07030 generates $2,711/mo in rent, after a $2,227/mo payment. Total monthly income is $2,711/mo. Return on cash invested sits at 15.68% in year one, and rental yield is 7.15% on a $455,000 entry. Equity gained on principal adds $2,936/yr, while 5% annual appreciation builds toward $125,708 over five years. Five-year ROI reaches 81.37% and total cumulative return in cash sums $122,728. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,711/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: 07030, Hoboken, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,308 (100%) |
| Owner Occupied HU | 9,103 (30.0%) |
| Renter Occupied HU | 19,036 (62.8%) |
| Vacant Housing Units | 2,169 ( 7.2%) |
| Median Home Value | $909,971 |
| Average Home Value | $1,031,969 |
Residential
29,540
Single Family
2,996
Multi-Family
26,544
Businesses
2,139
Date | Event | Price |
|---|---|---|
| 2025-09-15 | Listing removed | $2,650 |
| 2025-09-11 | Listed for rent | $2,650 |
| 2025-07-02 | Listing removed | $2,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $4633.98 | 8.41% | $262,400 | N/A |
| 2023-10-19 | $4274.50 | 1.81% | $262,400 | N/A |
| 2022-10-19 | $4198.40 | N/A | $262,400 | N/A |
Listed by: LINDSAY WIENER • CORCORAN SAWYER SMITH
Mls Name: HCMLS
Mls ID: #250009165
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.
