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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 20 2nd St APT 1903, Jersey City, NJ, 07302 generates $4,165/mo in rent, after a $5,379/mo payment. Total monthly income is $4,165/mo. Return on cash invested sits at 4.65% in year one, and rental yield is 4.55% on a $1,099,000 entry. Equity gained on principal adds $7,092/yr, while 5% annual appreciation builds toward $303,633 over five years. Five-year ROI reaches 23.4% and total cumulative return in cash sums $83,322. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,165/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$996 monthly 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 |
|---|---|---|
| 2025-04-02 | Listed for sale | $1,099,000 |
| 2023-01-24 | Listing removed | N/A |
| 2023-01-17 | Listed for rent | $4,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-03 | $18288.27 | -18.58% | $819,000 | -18.07% |
| 2023-04-03 | $22461.01 | 1637.37% | $999,600 | 1140.20% |
| 2022-04-03 | $1292.82 | N/A | $80,600 | N/A |
Listed by: Rachna Mehra • COMPASS NEW JERSEY, LLC
Mls Name: HCMLS
Mls ID: #250006327
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.
