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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 20 2nd St APT 2602, Jersey City, NJ, 07302 earns from $5,410/mo rent with a $5,379/mo payment. Total monthly income totals $5,410/mo. ROI tracks 9.04% on current figures, and rental yield reads 5.91% at a $1,099,000 purchase. Equity gained on principal adds $7,092/yr, and 5% annual appreciation supports $303,633 over five years. Five-year ROI reaches 46.89% and total cumulative return in cash sums $166,962. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,410/mo property income instead of your personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$937 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 |
|---|---|---|
| 2025-03-29 | Listed for sale | $1,099,000 |
| 2020-03-20 | Sold | $985,000 |
| 2020-02-07 | Listed for sale | $978,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-31 | $17292.35 | -0.62% | $774,400 | N/A |
| 2023-03-31 | $17400.77 | 1329.29% | $774,400 | 920.29% |
| 2022-03-31 | $1217.44 | N/A | $75,900 | N/A |
Listed by: Jingyi Chen • WEICHERT REALTORS
Mls Name: HCMLS
Mls ID: #250006056
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.
