2 2nd St APT 2101Jersey CityNJ07302
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 Jersey City at 2 2nd St APT 2101, Jersey City, NJ, 07302 listed at $1,515,000 pairs $4,798/mo rent with a $7,415/mo payment. Total monthly income runs $4,798/mo. Return on cash invested measures 5.7% in year one, and rental yield registers 3.8% at a $1,515,000 basis. Equity gained on principal adds $9,776/yr, and annual property appreciation at 5% supports $418,567 by year five. Five-year ROI tracks 27.81% and total cumulative return in cash totals $136,529. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,798/mo property income relative to a $7,415/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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: MEILING LEE • DYNASTY CAPITAL GROUP, LLC
Mls Name: HCMLS
Mls ID: #250018714