172 Ogden AveJersey CityNJ07307
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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 172 Ogden Ave, Jersey City, NJ, 07307 at $1,848,000 posts ROI 0.79% with from $3,402/mo rent. Total monthly income equals $3,402/mo. Return on cash invested measures 0.79% and rental yield reads 2.21% at the current $1,848,000. Equity gained on principal adds $11,925/yr, and 5% annual appreciation supports $510,568 by year five. Five-year ROI prints 1.47% and total cumulative return in cash totals $8,793. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,402/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07307, Jersey City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,616 (100%) |
| Owner Occupied HU | 5,040 (27.1%) |
| Renter Occupied HU | 11,915 (64.0%) |
| Vacant Housing Units | 1,661 ( 8.9%) |
| Median Home Value | $675,535 |
| Average Home Value | $688,876 |
Housing Distribution
Address Breakdown
Residential
16,091
Single Family
8,649
Multi-Family
7,442
Businesses
832
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Listed by: Brent Blythe 3rd • NEW AND MODERN GROUP LLC
Mls Name: HCMLS
Mls ID: #250004535
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.