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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% |
Rental property for sale in Jersey City at 2 Shore Ln APT 604, Jersey City, NJ, 07310 generates $5,046/mo in rent, after a $8,076/mo payment. Total monthly income is $5,046/mo. Return on cash invested sits at 5.3% in year one, and rental yield is 3.67% on a $1,650,000 entry. Equity gained on principal adds $10,647/yr, while 5% annual appreciation builds toward $455,865 over five years. Five-year ROI reaches 25.64% and total cumulative return in cash sums $137,081. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,046/mo property income rather than buyer’s personal income.
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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: CHUNG HO CHANG • REMAX TOWN AND VALLEY II
Mls Name: HCMLS
Mls ID: #250014965
