174 Washington St 2l #2LJc DowntownNJ07302
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 Jc Downtown at 174 Washington St 2l #2L, Jc Downtown, NJ, 07302 projects strong ROI of 3.57%. Rental yield 3.11%. With 5% annual appreciation, the property builds $739,053 in value over five years. Equity growth combined delivers a projected five-year ROI of 16.39%, translating into $142,090 in total cumulative return on $866,700 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07302, Jersey City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 36,585 (100%) |
| Owner Occupied HU | 7,643 (20.9%) |
| Renter Occupied HU | 25,548 (69.8%) |
| Vacant Housing Units | 3,394 ( 9.3%) |
| Median Home Value | $917,452 |
| Average Home Value | $1,017,181 |
Housing Distribution
Address Breakdown
Residential
33,591
Single Family
6,688
Multi-Family
26,903
Businesses
1,293
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MARCUS W PINTO • COMPASS NEW JERSEY, LLC
Mls Name: HCMLS
Mls ID: #250024353