19 Marina DrBayonneNJ07002
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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
Rental property for sale in Bayonne at 19 Marina Dr, Bayonne, NJ, 07002 priced at $589,000 pairs $4,312/mo rent with $114/mo cash flow after a $2,883/mo payment. Total monthly income equals $4,312/mo, and annual cash flow comes to $1,363/yr on $193,781 invested. Return on cash invested is 20.76% in year one, and rental yield stands at 8.79% on a $589,000 basis. Equity gained on principal adds $3,801/yr, and 5% annual appreciation accumulates to $162,730 by year five. Five-year ROI measures 108.64% and total cumulative return in cash reaches $210,518. For financing, Ziffy Mortgage’s DSCR program evaluates $4,312/mo property income against a $2,883/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07002, Bayonne, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,613 (100%) |
| Owner Occupied HU | 10,099 (31.0%) |
| Renter Occupied HU | 19,657 (60.3%) |
| Vacant Housing Units | 2,857 ( 8.8%) |
| Median Home Value | $518,170 |
| Average Home Value | $570,338 |
Housing Distribution
Address Breakdown
Residential
27,450
Single Family
16,572
Multi-Family
10,878
Businesses
1,590
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Listed by: JANICE HALL • WEICHERT REALTORS
Mls Name: HCMLS
Mls ID: #260001573