








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Jersey City at 187 Wayne St APT 207C, Jersey City, NJ, 07302 uses $131,937 cash to close to unlock $8,006/yr annual cash flow and $667/mo monthly cash flow. Total monthly income runs $3,504/mo, and a $1,948/mo payment keeps the spread at $667/mo. Purchase price stands at $398,000, and rental yield measures 10.56% with $3,504/mo rent. Return on cash invested shows 25.98% in year one, and 5% annual appreciation builds toward $109,960 over five years. Five-year ROI reaches 136.65% and total cumulative return in cash records $180,288. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,504/mo property income covering a $1,948/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07302, Jersey City, NJ area.
| 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 |
Residential
33,591
Single Family
6,688
Multi-Family
26,903
Businesses
1,293
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: DEAN CLARK • EXP REALTY LLC
Mls Name: HCMLS
Mls ID: #250022673