18 74th St APT B5North BergenNJ07047
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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 North Bergen at 18 74th St APT B5, North Bergen, NJ, 07047 uses $92,820 cash to close to unlock $8,096/yr annual cash flow and $675/mo monthly cash flow. Total monthly income runs $2,670/mo, and a $1,370/mo payment keeps the spread at $675/mo. Purchase price stands at $280,000, and rental yield measures 11.44% with $2,670/mo rent. Return on cash invested shows 28.63% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 150.84% and total cumulative return in cash records $140,013. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,670/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07047, North Bergen, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
22,031
Single Family
11,474
Multi-Family
10,557
Businesses
1,458
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Listed by: Allyssa Compton-Disla • Keller Williams Valley Realty
Mls Name: NJMLS
Mls ID: #25043295