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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 2 Shore Ln APT 302, Jersey City, NJ, 07310 at $1,250,000 posts ROI 22.22% with $626/mo cash flow from $9,550/mo rent. Total monthly income equals $9,550/mo, and annual cash flow records $7,509/yr on $405,000 to close. Return on cash invested measures 22.22% and rental yield reads 9.17% at the current $1,250,000. Equity gained on principal adds $8,066/yr, and 5% annual appreciation supports $345,352 by year five. Five-year ROI prints 116.43% and total cumulative return in cash totals $471,541.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $9,550/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 07310, Jersey City, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,714 (100%) |
| Owner Occupied HU | 1,277 (11.9%) |
| Renter Occupied HU | 8,148 (76.1%) |
| Vacant Housing Units | 1,289 (12.0%) |
| Median Home Value | $932,165 |
| Average Home Value | $1,019,580 |
Residential
10,219
Single Family
1,056
Multi-Family
9,163
Businesses
427
Date | Event | Price |
|---|---|---|
| 2024-05-24 | Price change | $1,250,000 |
| 2024-04-03 | Listed for sale | $1,290,000 |
| 2024-02-17 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-11 | $26177.55 | 40.09% | $1,165,000 | N/A |
| 2022-08-11 | $18686.60 | N/A | $1,165,000 | N/A |
| 2021-08-11 | $18686.60 | 1.91% | $1,165,000 | N/A |
Listed by: Song Zhang • ALPHA METRO REALTY CORP
Mls Name: HCMLS
Mls ID: #240006103
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
